How to Calculate FE 493 Number Of Days Per Year for FTP Discount Factor Calculation
(Doc ID 1987447.1)
Last updated on MARCH 29, 2022
Applies to:Oracle Financial Services Funds Transfer Pricing - Version 18.104.22.168 and later
Information in this document applies to any platform.
Oracle Financial Services Analytical Applications (OFSAA)
On Oracle Financial Services Funds Transfer Pricing (FTP) 22.214.171.124, the cash flow weighted term TP method the number of days per Year which used to calculate the discount factor have a different value than the Actual no of days per year.
The problem is that by dividing financial element (FE) 494 by FE 493, it is expect to get the exact number of days per year that has been used to compute the F.E. 493. However, this calculation does not lead to the generated OFSAA reseult in FSI_O_PROCESS_CASH_FLOWS.
Expect that dividing FE 494 by FE 493, you should get the exact number of days per year that has been used to compute the F.E. 493.
The issue can be reproduced at will with the following steps:
1. Run FTP cash flow weighted term with ACT/ACT accrual on account record.
2. Check generated results
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