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Loan Status does not change after Payment Has Been Voided In Accounts Payables (Doc ID 2020566.1)

Last updated on MAY 13, 2021

Applies to:

Oracle Loans - Version 12.1.3 and later
Information in this document applies to any platform.


On : 12.1.3 version, Loans Billing and Payment Issues

Since the Payment Request that has been created by the submission of the Disbursement has been paid in Accounts Payables the Loan Status changes to Fully Funded and the Interest is calculated from that point onwards.
However, if the Payment is Voided in Payables, the Status of the loan remains Fully Funded and Interest is calculated from that date.

If the Payment is Voided in Payables , the status of the loan should change

The issue can be reproduced at will with the following steps:
1. Loans Dashboard
2. Funding > Disbursements < Status "Fully funded"
3. Account Payables > Invoice > Status "Voided"

Loan has a Status of Fully Funded even though that is not the case, Interest is calculated using incorrect date and the loan will be included in LNS: Billing even though the Loans is actually still In Funding.


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