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Interest accrual posted during account closure (Doc ID 2555756.1)

Last updated on DECEMBER 04, 2019

Applies to:

Oracle FLEXCUBE Universal Banking - Version 12.0.1 and later
Information in this document applies to any platform.

Goal

User tried to close an account via IC online liquidation.

The accrued amount till the previous day was 52704.35 for e.g.

User expected 52704.35 to liquidate but system liquidated 73691.59 and posted the difference 20987.24 (73691.59-52704.35) as an accrual.
 

Solution

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In this Document
Goal
Solution


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