LC : Incorrect Reflection Of Percentage In Collateral Tab Of Shipping Guarantee
(Doc ID 2610214.1)
Last updated on NOVEMBER 20, 2019
Applies to:Oracle FLEXCUBE Universal Banking - Version 188.8.131.52.0 and later
Information in this document applies to any platform.
On : 184.108.40.206.0 version,
Incorrect Reflection of Percentage in Collateral Tab of Shipping Guarantee
The user books an LC contract by taking 100% percent collateral on LC. After that a shipping guarantee is booked against the LC while taking 110% percent collateral on Shipping Guarantee.For this, the amount is entered in the Adjustment section of Collateral Tab. After saving, the system does not show the correct reflection of collateral in percentage field. Instead of 110% percent, the system is showing some garbage value of .7333333.
The issue can be reproduced at will with the following steps:
1. book an LC by taking 100% percent collateral on LC
2. book a shipping guarantee against the LC while taking 110% percent collateral on Shipping Guarantee
3. entered the amount in Adjustment section of Collateral Tab and Save.
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