Question on Interest adjustment amount after UDE addition in IC module
(Doc ID 2611234.1)
Last updated on MAY 12, 2022
Applies to:
Oracle FLEXCUBE Universal Banking - Version 12.0.3 and laterInformation in this document applies to any platform.
Goal
User added a new effective date for IC product with new interest rate. Bank's expectation is that system should recalculate and pass adjustment entry for only for couple of days. Bank's question is as to why System recalculated the interest and passed an adjustment entry for whole month
Solution
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In this Document
Goal |
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