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Next Regular Invoice Is Not Being Generated When Catch Up Invoice Is Not Being Paid (Doc ID 2748980.1)

Last updated on FEBRUARY 10, 2021

Applies to:

Oracle Insurance Policy Administration Cloud Service - Version NA and later
Information in this document applies to any platform.

Goal

On : NA version, MICC Transfer to TSC

Next regular invoice is not being generated when catch up invoice is not being paid.

When input date to calculate premium activity is 4th Dec, the system only looks at the first collection setting. However second collection setting with start date 5th Dec should be looked at for further period generation as there is collection method with calculation date offset of -1 associated with this collection setting.

 

 Steps to replicate:

 # Create a collection method with: pay date offset = -1, other offsets = 0 (code - DD )

 # Create a new policy with collection setting start date = 31-OCT-2020, span reference date = 01-NOV-2020, DD, PCP length 1M, advance length 1M

 # Run calculate premium activity with input date = 31-OCT-2020 which results in PCPs and calculation results generated for period 01-NOV-2020 to 30-NOV-2020

 # Update collection setting by ending existing one to 04-DEC-2020 and add a new collection setting with: start date = 04-DEC-2020, span reference date = 05-NOV-2020, DD, PCP length 1M, advance length 3M

 # Run calculate premium activity with input date = 30-NOV which results in PCPs and calculation results generated for period 01-DEC to 04-DEC (catch up period)

 # Run calculate premium activity with input date 04-DEC-2020.

 

Expected result : PCPs and CRES to be generated for 05-DEC-2020 to 04-MAR-2021

Actual: No PCP/CRES generated from 5th Dec 2020

Solution

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In this Document
Goal
Solution
References


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