New Add Balance (FE 340) Generated for Forecast Method: Target Growth Percent with New Business Timing: Distributed Does Not Match Formula (Doc ID 1970900.1)

Last updated on DECEMBER 02, 2016

Applies to:

Oracle Financial Services Asset Liability Management - Version 5.6 and later
Information in this document applies to any platform.
Oracle Financial Services Analytical Applications (OFSAA)

Symptoms

On Oracle Financial Services Asset Liability Management (ALM) 5.6, when running ALM using the Forecast Method: Target Growth Percent and New Business Timing: Distributed, the New Add Balance (FE 340) generated is incorrect as per formula provided in the ALM User Guide for Bucket 002, Bucket 001 and Bucket 003 appear to be correct.

ACTUAL BEHAVIOR
Running ALM using the Forecast Method: Target Growth Percent and New Business Timing: Distributed, the New Add Balance generated is incorrect as per formula provided in the ALM Document for Bucket 002, Bucket 001 and Bucket 003 appear to be correct.

EXPECTED BEHAVIOR
Expect all buckets to match the formula.

The issue can be reproduced at will with the following steps:
1. Run ALM using the Forecast Method: Target Growth Percent and New Business Timing: Distributed
2. Check FE 340 New Add Balance results in RES_DTL table

Cause

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