Currently, each branch can identify what their refund rules are in the circulation and fine rule matrix in the 'Default lost item fee refund on return policy'. Recently the system preference, NoRefundonLostReturnedItemAge has been introduced however as a global option. It would be more beneficial to multibranch library systems to determine this specific system preference by branch and not a system rule.
+1 It does not make sense that some financial workflows can be defined by branch, and other workflows force everyone to do the same thing. This is a rather important and needed change.