FE 430 Interest Cash Flow Is Not Validating for Discounted Instrument
(Doc ID 2928197.1)
Last updated on FEBRUARY 22, 2023
Applies to:Oracle Financial Services Asset Liability Management - Version 220.127.116.11.0 and later
Information in this document applies to any platform.
Oracle Financial Services Analytical Applications (OFSAA)
Oracle Financial Services Asset Liability Management (ALM)
When running ALM process on discounted instrument, found FE 430-Interest Income result varied by large amount from the calculated formula.
FE 430 - ALM results from RES_DTL = 2,580,743,553
FE 430 - Calculation per formula = 2,578,973,533 (Formula= 2,538,666,213 + ACCRUED_INTEREST=40,307,320)
FE 430 - Difference = 1,770,021
FE 440 Accrued Interest calculation is matching ALM result.
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