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What is PERCENTAGE OF PAYMENT DUE in Daybreak LS and how is it calculated? (Doc ID 1605217.1)

Last updated on FEBRUARY 28, 2020

Applies to:

Oracle Daybreak - Version 9.5 to 11.5 [Release 9 to 11]
Oracle Financial Services Lending and Leasing - Version 11.5.1 to 14.0 [Release 11 to 14]
Information in this document applies to any platform.
PERCENTAGE OF PAYMENT DUE charges a late fee based on a percentage of the part of a payment that remains to be paid.

Purpose

 Understanding what is PERCENTAGE OF PAYMENT DUE in Daybreak LS and how is it calculated.

Scope

All Daybreak LS/OFSLL customers. 

PERCENTAGE OF PAYMENT DUE charges a late fee based on a percentage of the part of a payment that remains to be paid.

Understanding what is PERCENTAGE OF PAYMENT DUE in Daybreak LS and how is it calculated.

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In this Document
Purpose
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