How to Calculate / Validate Interest Accrued (FE 440) When a Prepayment (FE 180) Exists

(Doc ID 2328166.1)

Last updated on NOVEMBER 20, 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

In Oracle Financial Services Asset Liability Management (ALM) 8.0.4, when running an ALM Process that includes a Prepayment, how do you calculate or validate Interest Accrued (Fin Elem 440)?

You can calculate Interest Cash Flow (Fin Elem 430) and Total Runoff (Fin Elem 210) successfully but not Interest Accrued when a Prepayment exists.

Solution

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