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CL Account - System Has Accrued More Than Interest Liquidated Amount (Doc ID 2620400.1)

Last updated on DECEMBER 26, 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
---------------
 CL accounts have residual balance in the receivable GL's

EXPECTED BEHAVIOR
-----------------------
Account shouldn't have any balance left after the loan is liquidated.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Book a discounted CL account

2.Perform VAMI to increase the maturity date of loan

3. Settle the outstanding dues and mark the loan account status to liquidated


BUSINESS IMPACT
-----------------------
The difference amount available in receivable GL's cause mismatch in report balances and customer pays less interest than the actual computed.

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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