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Edit Triggers Incorrectly: V005 Removal Amount Exceeds Cash Value Of Allocated Funds Message (Doc ID 2665466.1)

Last updated on MAY 01, 2020

Applies to:

Oracle Insurance Policy Administration J2EE - Version and later
Information in this document applies to any platform.


On : version, General

The Money Out transactions (Partial Surrender, SWD and RMD) is reporting a message when trying to process - V005: Removal Amount exceeds cash value of allocated funds.
The base code edit "V005: Removal Amount exceeds cash value of allocated funds" is triggering when there is actually enough cash value in the funds to remove the money being removed.

Further analysis on the amounts the users are trying to remove from each bucket and compared the total with the total amount specified for removal.
This is a GrossFullWithdrawal which removes the money pro-rata from all the buckets.

It looks like the cases where the activity is not processing and reporting the 'V005' message are the ones where the individual removal amount from each bucket is not adding up to the total amount specified for removal.

This edit should not trigger.


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