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Oracle Revenue Management and Billing (ORMB) Processes Transactions Only For Bill Levels That Have a Maximum Effective Date (Doc ID 2599843.1)

Last updated on OCTOBER 21, 2019

Applies to:

Oracle Financial Services Revenue Management and Billing - Version and later
Information in this document applies to any platform.


On : version, BI - Billing

ORMB processes transactions only for bill levels that have a maximum effective date.  

For example, if there are 11 Bill Levels (with different Group/Section) out of which 10 Bill Levels have an effective date of 11/01/2014 and 1 has an effective date of 06/01/2019 (which is the maximum effective date), only transactions (claims, enrollment etc.) that are mapped to this Bill Level (Group/Section) will get successfully processed. All other transactions will go into error.

This issue has a major impact on billing as a large number of transactions will fail at the TFM (transactions processing) stage.


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