Why is C120 Ending Net Rate Result Incorrect for an Instrument?

(Doc ID 2153295.1)

Last updated on JUNE 23, 2016

Applies to:

Oracle Financial Services Balance Sheet Planning - Version 8.0.0 and later
Oracle Financial Services Asset Liability Management - Version 8.0.0 and later
Information in this document applies to any platform.
Oracle Financial Services Analytical Applications (OFSAA)

Goal

Why is the current business calculation result for C120 - Ending Net Rate incorrect?

Ending Net Rate result expected to be 4.215% but result shown 4%.
The 4% is calculated based on C100 Ending Balance 14995.04 / C120 Ending Net Rate 599.8.

 

Solution

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