What is the FLAT AMOUNT in Daybreak LS and how is it calculated?
(Doc ID 1605558.1)
Last updated on DECEMBER 03, 2019
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.
What is the FLAT AMOUNT in Daybreak LS and how is it calculated?
FLAT AMOUNT charges a flat (fixed amount) fee when an account becomes overdue.
Purpose
To know what is the FLAT AMOUNT in Daybreak LS and how is it calculated.
FLAT AMOUNT charges a flat (fixed amount) fee when an account becomes overdue.
Questions and Answers
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