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A comment on Judge: Citibank isn't entitled to $500M it sent to various creditors last August. Parent comment

Re:Judge: Citibank isn't entitled to $500M it sent to variou... by skeeter2020 on Thursday February 18, 2021 @11:19AM (#26181716)
What seems weird is that accounting software typically adds these transactions immediately with a future date, so in this case whenever the batch was executed. You don't need to wait to see the impact, just for it to take effect. This UI has to work extra hard to obscure this visibility.
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Re:Judge: Citibank isn't entitled to $500M it sent to variou... by PeterisP on Thursday February 18, 2021 @11:46AM (#26182113)
I don't know how it's in this particular system, but I have also seen banking core software which would add these transactions during end of day batch procesing, by which time the original operators wouldn't be looking at them anymore, and anything that should be settled 'today' would also get executed during that batch process.
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