Holidays and Non-Working Days
  • 10 Aug 2022
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Holidays and Non-Working Days

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Article Summary

Holidays and non-working days define on which days there will be no loan account installments. Holidays fall on specific dates in the year. Non-working days are days of the week which are regularly not considered work days. For example, in many European countries, Saturday and Sunday are typical non-working days.

Whereas non-working days apply to your entire organisation, holidays can be defined as either organisation-wide or for specific branches. For more information on managing branch-specific holidays, see Setting holidays for a branch.

Please Be Aware

If you change your configuration settings for non-working days or holidays, all accounts that are not currently closed will be affected.

Please Note
This element can also be configured using Configuration as Code (CasC). For more information, see Configuration as Code.

Holidays

A holiday is configured for a specific date in Mambu.

Your organization may recognize holidays that do not occur every year, or that move from year to year. Holidays may be configured as either recurring or non-recurring.

Please Be Aware

We recommend scheduling time at the beginning of each year to review all currently-configured holidays to verify they are still valid, so you can delete or move them if necessary.

To define a new holiday:

  1. On the main menu, go to Administration > General Setup > Holidays.
  2. Under General Holidays, select Add Holiday.
  3. Enter all necessary information in the Add A Holiday dialog. See below for more information on the fields.
  4. Select Apply Changes to save.

Add a holiday screen. Specific holidays added for each organization.

Holidays fields

NameDescription
DescriptionThe name of the holiday.
DateThe date of the holiday.
RecurringWhether the holiday recurs on the same date every year.
IdA unique ID. If this field is left blank, Mambu will generate a unique ID automatically.

Non-Working Days

Non-working days are days of the week which are regularly not considered work days. For example, in many European countries, Saturday and Sunday are typical non-working days.

To select the non-working days for your organization:

  1. On the main menu, go to Administration > General Setup > Holidays.
  2. In the Non Working Days field select the checkboxes next to the appropriate non-working days.
  3. Select Save Changes.

Holidays section with Saturday and Sunday selected as non-working days


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