[moneytalks] Re: Beta: follow-up on recurring monthly postings with weekend set to next weekday

  • From: "ROB MEREDITH" <rmeredith@xxxxxxx>
  • To: <moneytalks@xxxxxxxxxxxxx>
  • Date: Mon, 02 Oct 2006 08:29:00 -0400

Steve:
This is the same issue discussed in my earlier message, only it is the
other end of the month. By deffinition, a recurring monthly transaction
should post once a month. So, we wouldn't want a 3/29/07 transaction
followed by a 5/1/07 transaction.

>>> steveziel@xxxxxxxxxxxxx 09/29/06 06:04PM >>>
I'm wondering if there is a problem if the starting posting date is a 
Friday, Saturday, or Sunday with weekend action set to next weekday. 
Do a 
monthly projection on Sept. 29, a Friday, set to weekend action to next

weekday.  Project through 2008.  Notice the Friday, April 27, 2007
posting. 
Notice the Friday, September 28, 2007 posting.

Are all frequencies which have weekend action set to next weekday
affected?

Last message on this from me, just wanted to note what I've noticed
since 
first reporting.

Steve



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