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Payment Posting Is Failing For Converted Account. (Doc ID 2962237.1)

Last updated on JULY 27, 2023

Applies to:

Oracle Financial Services Lending and Leasing Cloud Service - Version NA and later
Information in this document applies to any platform.

Symptoms

ACTUAL BEHAVIOR
---------------
Payment posting is failing for converted account.


EXPECTED BEHAVIOR
-----------------------
Payment should be able to post successfully for Lease accounts.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Create a Lease account (make sure Interest Amortize Balance Type is not available in the contract)
2. Migrate the account
3. Make a payment on the account.
4. Verify that payment is posted successfully on the account

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users having issue with payment posting.

Cause

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In this Document
Symptoms
Cause
Solution


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