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TBB4 - Treasury Module (Virtual Close)

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Hello Experts,

 

Our client is planning to go for Virtual Close, so they want to know from Treasury side if TBB4 can run on a daily basis?

As TBB4 is usually a  month end activity used for accrual of interest expense/income, and it get reversed the next day i.e. 1st day of the next month.

 

If we can run TBB4, what will be the impact?

Do we need to change the configuration?

Is there any risk involved?

 

Please advise.

Thanks - Imran.


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