Clarification on EIR batches execution
(Doc ID 2573325.1)
Last updated on AUGUST 15, 2019
Applies to:Oracle Financial Services Loan Loss Forecasting and Provisioning - Version 8.0.0 and later
Oracle Solaris on SPARC (64-bit)
Details over the process of EIR calculation on Origination/As of Date in LLFP module, for below batches that are part of ECL execution process
1- Origination Date Cash flow Generation and EIR computation
2- Current Date Cash Flow Generation and EIR computation
As a first step of calculating ECL, while triggering 'Origination Date Cash flow Generation and EIR computation' batch on date format DD-MON-YYYY and inFSI_LLFP_DT_LOG_MESSAGES log of Task 16 Generate Cash flows and EIR ofseir.sh,O Y, the date format is coming as YYYYMMDD.
Application is considering p_start_date as YYYYMMDD where as the batch is executed using date format DD-MON-YYYY.
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In this Document
|Both the Origination Date and As of Date EIR is populated in FSI_ACCOUNT_INCEPTION_RATES.N_IFRS9_EFF_INTEREST_RATE.|