FE 430 Interest Income is Incorrectly Calculated for the First Payment Event
Last updated on APRIL 13, 2018
Applies to:Oracle Financial Services Asset Liability Management - Version 8.0.1 and later
Information in this document applies to any platform.
Oracle Financial Services Analytical Applications (OFSAA)
Oracle Financial Services Asset Liability Management (ALM)
In Static Process of ALM, when processing the data of the Loan Contracts (STG_LOAN_CONTRACTS), though the Accrual Basis is defined as 30/360, the first event (Payment Only) only appears to be calculated by Accrual / 365 and not based on "30/360" set in FSI_D_CONTRACTS.
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