Unable to Update the Principal Balance for a Revolving Loan Contract
(Doc ID 2502097.1)
Last updated on SEPTEMBER 21, 2023
Applies to:
Oracle Lease and Finance Management - Version 12.2 and laterInformation in this document applies to any platform.
Symptoms
ACTUAL BEHAVIOR
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The program Master Program - Loan Balances Update is not updating balances correctly.
EXPECTED BEHAVIOR
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Expect this program to update the loan balances correctly.
STEPS
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1. Create a Revolving Credit Line.
2. Create and Book a Contract using a Revolving Loan Product and the Credit Line created in Step 1.
3. Create a Borrower Payment Funding Request for the Contract.
4. Process the Funding Request until the payments are sent to AP.
5. Run Master Program - Loan Balances Update for the Contract.
6. Find that the Principal Balance will be indicated to be 0 when that should not be the case.
Changes
Cause
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In this Document
| Symptoms |
| Changes |
| Cause |
| Solution |
| References |