Need two Auto Journals for Bank Interest

Summary:

We want to explore whether the current Cash Management (CM) module setup can be modified to create two automatic journals for bank interest instead of just one.

Currently, the system posts only one journal in M+1, based on the bank statement date. This prevents recognizing interest income in the reporting month (M) unless a manual journal is created.

You are proposing a solution where the system generates:

1. An accrual entry dated on the last day of the prior month (M)
2. The actual/reversing entry dated on the statement date (M+1)

This would allow accurate interest recognition in both months without manual intervention.