ALM Process Generates One Day First Period Interest for FE 430 Instead of One Month
Last updated on DECEMBER 06, 2016
Applies to:Oracle Financial Services Asset Liability Management - Version 8.0.2 to 8.0.2 [Release 8]
Information in this document applies to any platform.
Oracle Financial Services Analytical Applications (OFSAA)
On : 8.0.2 version, Calculation Engine
When running ALM process, Financial Element 430 Interest Accrued is calculated for one day instead of one month.
Example of instrument record:
Results of calculation from FSI_O_PROCESS_CASH_FLOWS:
CASH_FLOW_DATE FINANCIAL_ELEM_ID FLOAT_VALUE
01-JUN-16 210 156,480.62
01-JUN-16 430 2,268.25 -->this is one day interest
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