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Question on Usage of the FTP Break Identification Column AFTER_PAYMENT_BALANCE (Doc ID 2772129.1)

Last updated on MAY 14, 2021

Applies to:

Oracle Financial Services Funds Transfer Pricing - Version 8.0.0 and later
Information in this document applies to any platform.
Oracle Financial Services Analytical Applications (OFSAA)
Oracle Financial Services Funds Transfer Pricing (FTP)

Goal

You have the following questions regarding using the column AFTER_PAYMENT_BALANCE for a case where there is a loan with two or more scheduled payments per month.

Note: This column is designed for use by the FTP Break Identification process.

Q1: Does this field store the account balance after deducting the next scheduled payment for the account?

Q2: How would having multiple scheduled payments per month impact the requirements for loading AFTER_PAYMENT_BALANCE?

Q3: Would the data requirements differ assuming a loan makes payments quarterly, semi-annual, or annually?

Solution

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Goal
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