Autobalancing Calculations Do Not Include Results from a Formula Leaves ID
(Doc ID 333942.1)
Last updated on FEBRUARY 03, 2019
Applies to:Oracle Financial Services Applications (OFSA) 4.5
Oracle Risk Manager - Version: 4.5
This problem can occur on any platform.
Output generated by a Formula Leaves ID is not being included in the Autobalancing calculations.
To model credit card rate degradation, a Formula Leaves ID recalculates FE 440 - Interest Accrued - to account for credit cards that pay off in the grace period and get charged no interest. FE 440 is recalculated for a product with no balances. The Formula Leaves ID sums the interest on all credit card products and multiplies it by -0.25.
The new FE 440 value generated by the Formula Leaves ID is not included in the Retained Earnings value generated by Autobalancing.
To view full details, sign in with your My Oracle Support account.
Don't have a My Oracle Support account? Click to get started!
In this Document