My Oracle Support Banner

Principal and Interest Payment Streams are not Netting to Zero for Zero Payment Periods (Doc ID 2629677.1)

Last updated on JULY 14, 2020

Applies to:

Oracle Lease and Finance Management - Version 12.1.3 and later
Information in this document applies to any platform.


When pricing a Loan contract that has stub days or periods at the start with a zero amount, streams are not being generated as expected for the zero amount days / period payments.

For example, the Interest Payment for the first zero payment is 971.84 but the Principal Payment is -971.89.  These differences result in an amount being billed or credited to the customer.

Expect these values to net to zero to match the payment amount.

The issue can be reproduced at will with the following steps:
1. Author a Loan contract that has the following:
  a. Asset Unit Cost: 135923.69
  b. Payments:
  43 Stub Days @ 0.00
  24 Periods @ 3831.07
  23 Periods @ 2554.05
  1 Period @ 2554.03
2. Validate and price the contract.
3. Check the Principal and Interest Payment Stream amounts for the first payment.


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

My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.