Accrued Interest Wrongfully Added In Calculation of Adjustment Charges/Credits (FE 414, FE 415, FE 416, FE 417) When Adjustment Columns Are NULL
(Doc ID 2381981.1)
Last updated on MARCH 28, 2019
Applies to:Oracle Financial Services Balance Sheet Planning - Version 8.0.2 and later
Information in this document applies to any platform.
Oracle Financial Services Analytical Applications (OFSAA)
Oracle Financial Services Enterprise Performance Management (EPM)
Oracle Financial Services Balance Sheet Planning (BSP)
Following adjustment charges/credits are calculated from Accrued_Interest column, even though the adjustment columns are null:
- Liquidity Adjustment Charge/Credit (FE 414)
- Basis Risk Cost Charge/Credit (FE 415)
- Pricing Incentive Charge/Credit (FE 416)
- Other Adjustment Charge/Credit (FE 417)
This issue is for existing business only.
What happens is, when Accrued_Interest column is NULL, the above mentioned columns are not part of the RES_DTL_ output.
However, when the accrued_interest column has value, then the above FEs reappear in RES_DTL_ table, even though the adjustment columns in database have null values.
For example, when record has accrued_interest column populated, the res_dtl is as follows:
414 - 3,619
415 - 3,524
416 - 4,438
417 - 3,970
, and when accrued interest column is not populated (NULL value), the res_dtl is as follows:
414 - 95
415 - did not generate
416 - 914
417 - 446
The difference is of 3,524 for each of the above financial elements.
These outputs should not be calculated when adjustment columns are null.
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