When User Updates Loan Start Date # Of Installments Count Changes
(Doc ID 2112080.1)
Last updated on JULY 12, 2021
Applies to:
Oracle Loans - Version 12.2.2 and laterInformation in this document applies to any platform.
Symptoms
Changing the Loan Term Start Date to a month later creates a 13th payment in the amortization schedule when the loan is monthly for 1 year.
For example:
Loan for 1 Yr, with 12 monthly payments that starts on 12/01/2015 - Save
You will see 12 payments in the Amortization Tab
Change the Start Term Date to 1/1/16 - Save and Requery the loan
Now you will see 13 payments in the Amortization Tab
Cause
To view full details, sign in with your My Oracle Support account. |
|
Don't have a My Oracle Support account? Click to get started! |
In this Document
Symptoms |
Cause |
Solution |