Funding Transaction Creates GL Entry For The Account Created In "Pending" Status (Doc ID 3073818.1)

Last updated on FEBRUARY 26, 2025

Applies to:

Symptoms

Funding Transaction Creates GL Entry For The Account Created In "Pending" Status

While Funding loan Application, GL Entry generated eventhough account created with "Pending" status.

Again when account is activated from "Pending" to "Active" status, Second Time GL entry is generated for the same amount

Steps to Reproduce:
1. Ensure Contract Setup contains "Itemization" and its corresponding Funding Transaction mapped. Also Ensure the Funding transaction has GL = Y in Setup-> Transaction Codes : Funding Txns
2. Create account via AOB using above contract in "Pending" status ( i.e have Account Activation on Hold condition".
3. Validate in backend "Txns" table , transaction is getting generated for "Funding" txns ( e.g FUN_1).
4. Run EOD jobs for SET-GLI and GL transactions are now available in "GL Entry" output file

ISSUE - No Funding txns /GL entries should be generated for account in "Pending" status.

5. Change GL date to next date and activate the same account by closing "Account Activation on Hold" condition manually and run SET-AAI : Account activation job.
6. When account is activated from "Pending" to "Active" , GL entry generated again for Funding txns ( e.g FUN_1) for same account.
7. Run EOD jobs for SET-GLI and GL transactions are now again available in "GL Entry" output file

Changes

Cause

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