Is It Possible To Define Payment Patterns When The Principal Payment And Interest Payment Are On Different Dates
Last updated on MAY 26, 2015
Applies to:Oracle Risk Manager - Version 4.5 to 4.5.39 [Release 4.5]
Oracle Transfer Pricing - Version 4.5 to 4.5.39 [Release 4.5]
Information in this document applies to any platform.
Oracle Financial Services Applications (OFSA) 4.5
Checked for relevance on 26-May-2015.
Is it possible to create a Payment Pattern for a instrument that has the Principal Payment and Interest Payment are on different days or on the same day?
How do you setup a payment schedule when a loan has an irregular principal payment?
Since each loan can be different and they do not fall within a group of payment patterns, how should the payment schedule for each individual loan be defined?
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