Interest Cash Flow (FE 430) Value Lower than Expected in FSI_O_PROCESS_CASH_FLOWS (Doc ID 1914758.1)

Last updated on MARCH 14, 2016

Applies to:

Oracle Financial Services Funds Transfer Pricing - Version 6.1 and later
Oracle Financial Services Asset Liability Management - Version 6.1 and later
Information in this document applies to any platform.
Oracle Financial Services Analytical Applications (OFSAA)

Symptoms

In Oracle Financial Services Funds Transfer Pricing (FTP), when you run an FTP Process with a "Cash Flow" Transfer Pricing Method, the calculation engine is outputting the incorrect value for Interest Cash Flow (FE 430) for the first Cash Flow Date.  The value is lower than the value you calculate using the information in <Document:223205.1> "How to Validate Interest Cash Flow (FE 430) for ALM and RM".

For example, the first Cash Flow Date = 01/21/2014.  The following data exists for this Cash Flow Date:

DataValue
Beginning Balance (FE 60) 205,386.55
Ending Balance (FE 100) 197,487.07
Accrual Basis Actual / 360
Current Rate 9.84
Payment Frequency 1M

You expect Interest Cash Flow (FE 430) to be calculated as follows:

205386.55*(0.0984(31/360))=1,740.31

However, when you check the FE 430 value in FSI_O_PROCESS_CASH_FLOWS, it is 1,673.37 which is lower than the expected value.

Cause

Sign In with your My Oracle Support account

Don't have a My Oracle Support account? Click to get started

My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms