PFT: Allocation Logic Not Right On Interest Income FE420 and 9001 (Doc ID 2040475.1)

Last updated on MARCH 08, 2017

Applies to:

Oracle Financial Services Profitability Management - Version 8.0.0 and later
Information in this document applies to any platform.
Oracle Financial Services Analytical Applications (OFSAA)

Symptoms

In Oracle Financial Services Profitability Management (PFT), the Allocation logic is not right on Interest Income Financial Elements (FEs).  It is not Debiting and Crediting correctly.

Users need to reclassify all balances from the original Interest Income FEs in Ledger Stat to the respective Management Analytics FEs (9000 series) for reporting purposes in the EFPA Reports.  While the Allocation runs successfully, the results are posting a "Debit" in the 9000 series FEs and posting a "Credit" in the respecting 400 series FEs incorrectly.  This behavior does not follow proper accounting logic.  For example, with proper logic, for Interest Income, the Allocation should "Debit" FE 420 and "Credit" FE 9001.

Cause

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