Explaining bank transactions in a locked period

1

Hello!

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

DoubleAgent

2

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).