Cancelled Funding Disbursement Does Not Release Amount For Funding
Last updated on JANUARY 25, 2018
Applies to:Oracle Loans - Version 12.1.3 and later
Information in this document applies to any platform.
Funding Disbursement was cancelled but has not been released for payment again. A disbursement was created and split into 2 payees. The Payment Request for payee 1 was cancelled in Accounts Payables with the result that the payment to payee1 was also cancelled in Oracle loans. However, the disbursement has a status of Partially funded and they are unable to fully fund the disbursement. If you void the payment for payee 2 you can fully fund the disbursement. In the circumstances that the disbursement has already been paid to the Payee, and you cannot void that payment as it has left out bank account and is in the payee's bank. or if interest has already been charged, development has provided a datafix
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