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.
Details
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