Status of the Customer is not getting updated to Bankruptcy at the Account Level

Summary:

Status of the Customer is not getting updated to Bankruptcy at the Account Level

Content (please ensure you mask any confidential information):

Our Business Level is set to Account, but the Status of the Customer is not getting updated to Bankruptcy at the Account Level post the Bankruptcy Request Approval, but at the Customer Level it is being updated to Bankruptcy.

Is it the expected Behavior or do we have any steps to correct this issue?

Version (include the version you are using, if applicable):

24B

Code Snippet (add any code snippets that support your topic, if applicable):