BSP Not Using Transfer Price Accrual Method to Calculate New Business Interest T-Rate (Doc ID 2182258.1)

Last updated on MARCH 28, 2017

Applies to:

Oracle Financial Services Balance Sheet Planning - 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 Balance Sheet Planning (BSP) 8.0.x, when calculating New Business Interest Cash Flow T-Rate, BSP is using the wrong Accrual Basis.  BSP uses the "Interest Accrual Method" instead of the "Transfer Price Accrual Method" when calculating New Business Interest Cash Flow T-Rate.  You expect it to use the "Transfer Price Accrual Method".

For example, you have the following in Chart of Account Characteristics for a product:

Interest Accrual Method: Actual/360
Transfer Price Accrual Method: Actual/Actual

After running a Calculate, the value for New Business Interest Cash Flow T-Rate (FE 437) is calculated using Actual/360.  You expect the calculation to use Actual/Actual to calculate the Interest Cash Flow T-Rate.

Cause

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