Payment Plan Is Not Correct After Making Partial Prepayment With Reduce Tenor.
(Doc ID 2519761.1)
Last updated on AUGUST 23, 2021
Applies to:Oracle FLEXCUBE Universal Banking - Version 11.3 LA and later
Information in this document applies to any platform.
Payment plan is not correct after making partial prepayment with Reduce Tenor.
When the account is created from FLEXCUBE front end, the account is accepting prepayment, reducing tenor, and allocation Principal Correctly.
However when account is created from Web Service, the account is accepting prepayment, reducing tenor, but NOT allocating Principal Correctly.
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