Present Value Residual Value Streams are not Reversed in a Backdated Partial Termination

Last updated on MARCH 08, 2018

Applies to:

Symptoms

On : 12.1.3 version, Billing Modules

ACTUAL BEHAVIOR
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During a Partial Termination the Accrual Stream PRESENT VALUE RESIDUAL (Purpose PV_RV) is not being reversed. This stream is a Dependent of the RESIDUAL VALUE (Purpose RESIDUAL_VALUE) stream.

EXPECTED BEHAVIOR
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Expect the stream to be reversed as the Quote Effective Date is in the past and accruals were processed after that date during the base term.

STEPS
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The issue can be reproduced at will with the following steps:
1. Book a contract with multiple Assets that will generate Accruals for the stream with the Purpose PV_RV.
2. Generate Accruals for the contract for some periods.
3. Process a Partial Termination that is effective at some point before the date until which accruals were generated.

BUSINESS IMPACT
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The issue has the following business impact:
Due to this issue, users cannot reverse these accruals in a partial termination. They are reversed for full terminations.

Changes

Cause