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Error CL-PMTV47 not shown against Dual Formula Loans when Amortized formula is not set at Loan level (Doc ID 2617744.1)

Last updated on DECEMBER 09, 2019

Applies to:

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

Symptoms

ACTUAL BEHAVIOR
---------------
Interest accrued for the loan account is calculated on incorrect outstanding amount


STEPS
-----------------------
The issue can be reproduced with the following steps:
1. Perform a prepayment on a simple/bearing loan with prepayment recomputation basis as change tenor
2. Save and authorize the payment


Cause

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In this Document
Symptoms
Cause
Solution
References


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