Last updated on SEPTEMBER 25, 2015
Applies to:Oracle Insurance Policy Administration J2EE - Version 188.8.131.52 and later
Information in this document applies to any platform.
Identify and clarify how Gain and Gain/Loss is calculated, stored and displayed in for Fixed and Variable Funds?
Example question: A Gain of 0 is being displayed in the Valuation tab for AnnuityDisbursement activity.
The AsValuationXML tied to the ActivityGUID also has Gain as 0.
The system expects a non zero value for gain and having no gain affects the Cash value on the contract.
According to the transaction configuration, gain should've been calculated by the base system when the activity is processed.
Users expect to see CashValue=Principal+Gain for variable or Fixed funds.
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