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Payment Date not editable for SUSPENSE Payments : Payment date is less than account Active Date (Doc ID 2638257.1)

Last updated on FEBRUARY 23, 2020

Applies to:

Oracle Financial Services Lending and Leasing - Version 14.5.0.0.0 and later
Information in this document applies to any platform.

Symptoms

ACTUAL BEHAVIOR
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Payment for the loan account will be posted before the account activation date due to delay in the manual paper work as part of account creation process. Such Payments will go to Suspense payment. since the payment posted date is < account activation date, system is not allowing to edit the payment date and post to the account. PMT DATE on the suspense payment is non-editable.

EXPECTED BEHAVIOR
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Suspense payments should have facility to update the payment date as per business requirement.


STEPS
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The issue can be reproduced at will with the following steps:
1. Post a payment transaction in the system for an account that is not yet created in the system
2. Posted payment transaction will go to suspense transaction
3. Try to modify the suspense transaction payment date > active date of the account.

BUSINESS IMPACT
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The issue has the following business impact:

Due to this issue, users cannot modify the suspense payment to post to account that got activated after payment post date.

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution


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