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

Last updated on AUGUST 27, 2019

Applies to:

Oracle FLEXCUBE Private Banking - Version 12.0.1 to 12.0.1 [Release 12]
Information in this document applies to any platform.

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

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In this Document
Symptoms
Changes
Cause
Solution
References


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