R12: XTR: Payment Schedules For Term Money Repayments (Doc ID 2846720.1)

Last updated on MARCH 03, 2022

Applies to:

Goal

Payment Schedules for Term money repayments

Schedules for Term Money (Invest type for Retail Term or Wholesale Term Money)
1. Interest Payment schedule, needs to be monthly
2. Repayment schedule (for Principal) can be monthly, quarterly, semi-annual, yearly.
  Percentage amount for repayment schedules can be different across the term of the loan as shown in example below
  a. for a long term loan of 10years with Semi-annual schedule
  -- First 5 principal repayments will be 6% each
  -- Next 5 principal repayments will be 10% each
  -- Next 10 principal repayments will be 2% each
 

Solution

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