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CIDACCNT : Unable To Book Loan By Providing EMI Amount In Split For Islamic Product (Doc ID 2615174.1)

Last updated on DECEMBER 05, 2019

Applies to:

Oracle FLEXCUBE Universal Banking - Version 12.0.3 and later
Information in this document applies to any platform.

Symptoms

On : 12.0.3 version, Production Support-SET

ACTUAL BEHAVIOR
---------------
Unable to book loan by providing EMI amount in split for Islamic product.

EXPECTED BEHAVIOR
-----------------------
System should book the EMI loan with EMI schedule amount defined by user.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Create new loan contract in CIDACCNT screen and enter mandatory basic details and press "Product Default" and Enrich.
2. Press "Edit User Defined Element Details".
3. Navigate to UDE - "PROFIT_RATE" and enter UDE Value in "User Defined Element Values" block.
4. Now go to Components tab and "Edit Schedule Details",
5. Enter all the schedule details in Schedule definition block - EMI Amount, Schedule start and end dates in "Schedule Definition" block.
6. Press "Explode Schedules".

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot book loan account with correct EMI amount.

Changes

 N/A

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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