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In Appropriate Edit "Contract Term < Promotion Term" Thrown During Accounts Migration (Doc ID 2858143.1)

Last updated on MARCH 27, 2022

Applies to:

Oracle Financial Services Lending and Leasing Cloud Service - Version to [Release 14]
Information in this document applies to any platform.


In appropriate edit "Contract Term < Promotion Term" thrown during accounts migration

Issue : In appropriate edit thrown during accounts migration. Edit thrown is "Contract Term < Promotion Term" however the system is not considering the billing cycle during the comparison.
For e.g. A "Weekly" billing cycle account has Contract Term stated i.e. 44 weeks ( 308 days) while the promotion term is only 61 days, however the edit is still fired.

Note: During application funding from UI for a similar scenario, this edit is not invoked.

Edit Should not be thrown and the behavior should be similar to application funding via UI.

The issue can be reproduced at will with the following steps:
1. Setup Promotion "Same As Cash" with "Period Type" = Promotional Days for e.g. 60 days.
2. Migrate account which has billing cycle - Weekly/Monthly and above stated promotion is applied i.e. "Same As Cash" & "Period Type" = Promotional Days.
3. Ensure App/contract Term is less that Promotion Period i.e. Contract term = 44 (Weekly) and Promotion period = 60 days
4. During migration, the edit is thrown "Contract Term < Promotion Term" and thus unable to migrate such accounts.

The issue has the following business impact:
Migration issue.


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