Explaining bank transactions in a locked period


My software just tried to explain a bank transaction in FreeAgent from a while ago. The transaction was a simple payment.

FreeAgent’s API is responding with a 422 status code and the message “dated_on is in a locked period”.

I assume the locked period is a VAT locked period (is there any other kind?), but I was under the impression from this Knowledge Base article that bank payments in a locked period could be explained.

Any help would be much appreciated!

Many thanks in advance,

Andrew Stewart


Hi, Andrew.

Sorry for the late reply which, at this point, probably isn’t super helpful. But anyway, it could be an accounting lock which are much more strict than a VAT lock (which will just defer the VAT affect of the payments).