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Incorrect Schedule Generations For Islamic CL Contracts (Doc ID 2595621.1)

Last updated on OCTOBER 03, 2019

Applies to:

Oracle FLEXCUBE Universal Banking - Version 14.2.0.0.0 and later
Information in this document applies to any platform.

Symptoms

On : 14.2.0.0.0 version, Implementation Support

ACTUAL BEHAVIOR
---------------
System is generating incorrect schedule for loan contract where last day of month is holiday.

Holiday treatment at product level as below :
1 Adhoc Treatment Required is unchecked
2 Ignore Holiday is Unchecked
3 Move Across Month is unchecked
4 Schedule movement is set to Move Forward
5 Component schedule due date on is set to 31 of every month

EXPECTED BEHAVIOR
-----------------------
System should generate the schedule taking the previous working day whenever the last day of the month is marked as holiday since Ignore Holiday is Unchecked, Move Across Month is unchecked & Schedule movement is set to Move Forward.


Cause

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In this Document
Symptoms
Cause
Solution
References


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