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Amortization Writeoff Missing After CHGOFF/PAID Status Change (Doc ID 2618962.1)

Last updated on DECEMBER 14, 2019

Applies to:

Oracle Financial Services Lending and Leasing - Version 14.6.0.0.0 and later
Information in this document applies to any platform.

Symptoms

On : 14.6.0.0.0 version, Implementation Support

ACTUAL BEHAVIOR
---------------
Amortization balance writeoff transactions are missing after CHGOFF/PAID status change

EXPECTED BEHAVIOR
-----------------------
System should post Amortization Write-off transaction when account got PAIDOFF / CHARGEDOFF

STEPS
-----------------------
The issue can be reproduced with the following steps:
1. Post paid-off (of) charged off transaction on the account
2. Verify system should have posted the write-off transaction in amortizations

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users could not reconcile the balances under amortization.

Cause

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In this Document
Symptoms
Cause
Solution
References


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