Lock Policy Entry after IRDAI Return Filing

2
3 weeks agocompleted1

Once IRDAI Returns are filed for a quarter, do not allow entry of policies/endorsements to that quarter.

  1. This is already possible.
    System generates reports based or Business Date or IRDA Date.
    IRDA Date is Policy Issue Date or Policy Start Date whichever comes later.

    Just before filing the IRDAI Returns, go to Organization Master & set the Issue Date On/After as the next quarter’s start date. Then download the reports for filing.

    This way, users will not be able to enter any new policies with Policy Issue Date before the set date. This way, the IRDA Date (even if policy start date is in the previous quarter) cannot be in the previous quarter. This record will reflect in the next Quarter’s Reports.

    #1907


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