CL: Component Currency Not Getting Changed On Change Of Contract Currency
(Doc ID 1621699.1)
Last updated on DECEMBER 05, 2019
Applies to:Oracle FLEXCUBE Universal Banking - Version 12.0.1 and later
Information in this document applies to any platform.
If the account is saved/authorised system should not allow to modify the account currency.Also before save if you are modifying the account currency and re defaulting not done system will throw error.
User has booked the loan with currency as XXX and saved the contract. Before
authorization, the user unlock the CL contract and changes the currency from
XXX to YYY and proceed to save without doing any other modification (not even
enriched). And this time system deleted the Disbursement which has triggered
part of first save (with XXX currency amount) and disbursement done with YYY
currency for the same amount as the currency has changed to YYY.
In the above case also system used the loan currency (YYY) for disbursement
and the same amount was used for scheduling principal dues. As principal
component currency was wrongly set to XXX system collected the money in XXX
and liquidated the loan. .
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In this Document
|1.1.2 Fix Description|