Incorrect Capital Gain/Loss is Getting Calculated in FCPB Application. (Doc ID 2579223.1)

Last updated on AUGUST 27, 2019

Applies to:

Symptoms

Abbreviations used in this document:

LTCG/L - Long Term Capital Gain/Loss.

FMP - Fair Market Price

CPIS - Client|Portfolio|Instrument|Sub_portfolio_Id

ACTUAL BEHAVIOR
-----------------------

In capital gain/loss report of FCPB, Grandtotal of LTCG/L was adding up both "LTCG/L (Based on FMP)" and "LTGC/L" values for uploaded transaction resulting in incorrect gain/loss.

**The Capital Gain/Loss report has 2 separate columns “LTCG/L (Based on FMP)” and “LTGC/L”.

EXPECTED BEHAVIOR
--------------------------

Grandtotal of LTCG/L should add up individual "LTCG/L" values for transactions where grandfathering is not applicable; For transactions where grandfathering is applicable, while calculating "Grandtotal of LTG/L", 0 should be considered for such transactions.

STEPS
-----------------------
The issue can be reproduced with the following steps:

1. Upload MF transaction feed file.

BUSINESS IMPACT
-----------------------
The issue has the following business impact:

Incorrect GrandTotal of capital gain/loss values in FCPB Capital Gain/Loss report is misleading to users.

Changes

There are no changes in the environment, product, account and hardware which has triggered the issue.

Cause

My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.