Money Market module: Interest Liquidation done before Rollover Event is being allowed to Reverse after Rollover event [Function ID: MMDPAMIN] (Doc ID 2607208.1)

Last updated on NOVEMBER 13, 2019

Applies to:

Symptoms

ACTUAL BEHAVIOR
---------------
System allows to reverse the Interest liquidation performed before contract rollover.

EXPECTED BEHAVIOR
-----------------------
System should not allow reversal of interest liquidated prior to rollover.

STEPS
-----------------------
1.Create a Money market deposit contract with 1 day tenor
2.Run EOD
3.Do the Interest Liquidation
4.Do the roll event
5.Try to reverse the LIQD event raised prior to the ROLL event to simulate this issue

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Interest amount gets incorrectly updated for the contract.

Changes

 Program changes done to restrict Reversal of the Payment done before Rollover

Cause

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