Last updated on JULY 28, 2017
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.
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