LD-VAL01 error faced while changing the settlement account of an LD Contract through CAMD in LDDCOMNT Screen (Doc ID 2640903.1)

Last updated on JUNE 21, 2021

Applies to:

Symptoms

When attempting to change settlement account for Principal component of a Loan contract in LDDCOMNT
the following error occurs.

ERROR
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LD-VAL01 Settlement Account or Branch is not Valid


STEPS
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The issue can be reproduced at will with the following steps:
1. Query an active Loan contract from LDDCOMNT Screen
2. Unlock the contract and visit settlements - account details tab
3. Modify the settlement account and branch to a valid account for any component like Principal
4. Save and authorize the contract and verify if the modification is successful

BUSINESS IMPACT
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The issue has the following business impact:
Due to this issue, users cannot modify settlement account for a component as per business requirement having impact of loan not getting settled correctly

Changes

 Default settlement account mapped to the reported loan contract is Closed recently

Cause

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