When is the first CASH_FLOW_DATE in FSI_O_PROCESS_CASH_FLOWS that should be considered in calculation? (Doc ID 2291267.1)

Last updated on JULY 27, 2017

Applies to:

Oracle Financial Services Asset Liability Management - Version 8.0.4 and later
Information in this document applies to any platform.
Oracle Financial Services Analytical Applications (OFSAA)

Goal

When is the first CASH_FLOW_DATE in FSI_O_PROCESS_CASH_FLOWS that should be considered in calculation?

Running a static deterministic process with an information date of 31-Dec-13 (rolled on 1 period from previous) the results as below The first period starts with an outstanding balance of 641666.67 as at CASH_FLOW_DATE 01-Nov-13 and payment due of 58333.33 on 01-Jan-13, which then results in a balance of 583333.34 (641666.67 - 58333.33 ) on 01-Jan-2013 and a balance of 525000.04 (583333.34 - 58333.33) on 01-Feb-2013 and so on. This looks incorrect to me. The balances are correct, but shouldn't the first CASH_FLOW_DATE be 01-Dec-2013 and not 01-Nov-2013?

Solution

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