Oracle Loans Does Not Use Correct Date For Funds Checking/Approvals
Last updated on FEBRUARY 23, 2015
Applies to:Oracle Loans - Version 12.1.3 and later
Information in this document applies to any platform.
After applying patch 16891883: FIX GL DATE TO BE LOAN START DATE FOR APPROVAL PROCESS, the loan cannot be approved because the terms start date and loan start date is in a future period that is not opened. After applying the patch, Oracle Loans is using the terms start date or loans start date to check funds and approve the loan. The loan cannot be approved unless the future period is open.
Steps to Reproduce:
Navigation: Create new Loan for a future date
- Approve the loan when the period is closed.
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