Loans Amortization Custom Schedule Does Not Calculate Correct Date, Fixed via Profile LNS: Shift Payment Start Dates Procedure
(Doc ID 1638348.1)
Last updated on JULY 01, 2018
Applies to:Oracle Loans - Version 12.1.3 and later
Information in this document applies to any platform.
Amortization Custom Schedule does not calculate correct subsequent date for semi-annual frequency (15 Mar-15 Sep). Instead, it calculates as 15-Mar-14-Sep.
Steps to Reproduce:
Create a Loan
Select Customize Schedule
Change Subsequent dates
If you choose the frequency as Semi-Annual, the dates are not changed exactly to six (6) months.
You may get the same problem using Loans API.
To view full details, sign in with your My Oracle Support account.
Don't have a My Oracle Support account? Click to get started!