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docs: include page/section on Effective Entry Date calculation #1118

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adamdecaf opened this issue Oct 26, 2022 · 2 comments
Open

docs: include page/section on Effective Entry Date calculation #1118

adamdecaf opened this issue Oct 26, 2022 · 2 comments

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@adamdecaf
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We should write up a page detailing how to use moov-io/base and cutoff window calculations to set the EffectiveEntryDate on batches.

@ChillOrb
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ChillOrb commented Aug 14, 2023

Hey @adamdecaf is this still relevant ? if yes , please point me to the docs where i can learn more about calculations for EffectiveEntryDate ?

  1. What specific functionalities should the documentation cover?

  2. Also, will this document be a part of /ach repo?

Appreciate your time!

@adamdecaf
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adamdecaf commented Aug 14, 2023

@ChillOrb Yes this document can still be written. I think it should go in the "ACH File Setup" section of our docs.

Screenshot 2023-08-14 at 9 16 55 AM

I'd call it "Calculating Effective Date" and the page should include topics like the following:

  • On debits determine good funds hold (e.g. 2 banking days)
  • If over SameDay limit push EED to next banking day
  • Determine if we have enough time today for same-day, otherwise bump to next day (e.g. for credits)
  • Skip ahead if on weekends and bank holidays

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