- 10 Aug 2022
- 1 Minute To Read
- Print
- DarkLight
- PDF
Holidays and Non-Working Days
- Updated On 10 Aug 2022
- 1 Minute To Read
- Print
- DarkLight
- PDF
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.
If you change your configuration settings for non-working days or holidays, all accounts that are not currently closed will be affected.
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.
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:
- On the main menu, go to Administration > General Setup > Holidays.
- Under General Holidays, select Add Holiday.
- Enter all necessary information in the Add A Holiday dialog. See below for more information on the fields.
- Select Apply Changes to save.
Holidays fields
Name | Description |
---|---|
Description | The name of the holiday. |
Date | The date of the holiday. |
Recurring | Whether the holiday recurs on the same date every year. |
Id | A 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:
- On the main menu, go to Administration > General Setup > Holidays.
- In the Non Working Days field select the checkboxes next to the appropriate non-working days.
- Select Save Changes.