12.1.3 - Apply Date is less than the Transaction Date - Unable to Approve the Loan (Doc ID 1383407.1)

Last updated on FEBRUARY 23, 2015

Applies to:

Oracle Loans - Version: 12.1.1 and later   [Release: 12.1 and later ]
Information in this document applies to any platform.

Symptoms

Getting the following errors when approving an ERS loan in 12.1.3 when trying to create a loan where the loan start date < the invoice date. 

The Apply date 02-DEC-2011 is less than the transaction date 11-DEC-2011
The Adjustment GL date 02-DEC-2011 is less than the transaction GL date 11-DEC-2011

In 11.5.10 and 12.0.6, Oracle Loans allowed Loans to be created with these details.  But it fails in 12.1.x.

Cause

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