Making system to use the latest Infotype Record for the Current Period

Hello,
I would like to know how the system behave if there is a record modified in the middle of the Pay Period, which record would the PY schema use? Ex: in IT0009 EE has selected multiple Bank Transfer. He say 100$ Bank 1 and Rest to Bank 2. In the middle if the Pay period, the EE comes and makes changes to his Bank Transfer, as he closed the account in Bank1, he creates new Bank and transfers 100$. Now when the PY run, it think both Banks (Bank1 prev and Bank 1 current ) are valid and tries to send 100$ to each back and sends rest to Bank2. Which is not correct. This issue happens when someone changes their record in the middle of the period. So It is assumed to change the process to not to change in the middle of the period. It has to be effecting of 1st of next period.
But I want to check is there anyway we can make the system to use the latest one if it finds multiple record for the same period?
any suggestion please.
Thank you.
Raj

Hi Donnie,
This system actually delimits the previous record but since the change is happened in the middle of the period, but record are considered as active.
For Ex: The Pay Period is 01/01/2009 to 01/15/2009 and There was a record for Bank1 for that period and user comes and creates a new record on 01/05/2009 for Bank1. Now for this payperiod since its with the period both records are becoming active. So system uses both the records and deducts. Hope you get what I'm saying.
Thanks,
Raj

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    @VehicleInteriorColor     ,
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    @LastModifiedDate    ,
    @ModifiedFlag     ,
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    @DlrAccessoryDesc     ,
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