Computed Interest Accrual (FE 440) Has Non-Zero Value Despite Beginning Net Rate (FE 80) Of The Time Bucket Is Zero
(Doc ID 2949014.1)
Last updated on MAY 24, 2023
Applies to:
Oracle Financial Services Asset Liability Management - Version 8.0.7.4.0 and laterInformation in this document applies to any platform.
Oracle Financial Services Asset Liability Management (ALM)
Oracle Financial Services Analytical Applications (OFSAA)
Oracle Financial Services Enterprise Performance Management (EPM)
Modern Risk and Finance (MRF)
Interest Cash Flow (FE 430)
Interest Accrual (FE 440)
Beginning Net Rate (FE 80)
Symptoms
On ALM 8.0.7.4, unexpected non-zero value in FE440 despite FE80 of the time bucket is zero. Despite interest rate becomes zero from bucket #2, FE 440 is the same as FE 430, which is unreasonable.
You expect FE 440 to be zero when FE 80 of the same bucket is zero. FE 440 should be calculated based on the interest rate and number of days in each time buckets.
As the interest rate becomes zero from bucket #2 onward, you expect FE 440 to be zero from bucket #2 onward.
Cause
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In this Document
| Symptoms |
| Cause |
| Solution |
| References |