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System Passing Wrong Accounting Entries For Guarantor Account During ALIQ (Doc ID 2575561.1)

Last updated on SEPTEMBER 29, 2019

Applies to:

Oracle FLEXCUBE Universal Banking - Version 12.4.0.0.0 and later
Information in this document applies to any platform.

Symptoms

On : 12.4.0.0.0 version, Implementation Support

ACTUAL BEHAVIOR
---------------
System passing wrong accounting entries for guarantor account during ALIQ when we attach the Guarantor to the loan components.
 After ALIQ all loan tables were updated wit proper detail but only the accounting entries which have been posted as part of guarantor account system reduced the amount which is posted as part of settlement account.
Loan details look fine but amount Dr from the Guarantor account is wrong.


EXPECTED BEHAVIOR
-----------------------
The accounting entries which have been posted as part of guarantor account system should be correct

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1.Created two new casa account. 1 used for loan’s settlement account is ***/******* with available amount 10 BGN. 2nd account ******* used as a guarantor with 5000 BGN
2. Loan Booked with back value date with next working date as its first due date.
3. Executed the EOD ..In next day BOD system liquidated the loan. During the Liquidation for the MAIN_INT component, system first 10 BGN collected from settlement account and remaining amount is collected from the Guarantor account..

BUSINESS IMPACT
__________________________
Due to this issue,users does not get correct account event entries

Cause

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In this Document
Symptoms
Cause
Solution
References


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