Current And Savings : Closed Foreign Currency Accounts have Non Zero Balance in Local Currency ( LCY_CURR_BALANCE )
(Doc ID 2650953.1)
Last updated on JULY 27, 2022
Applies to:
Oracle FLEXCUBE Universal Banking - Version 11.0 and laterInformation in this document applies to any platform.
Symptoms
On : 11.0 version, Production Support-CET
ACTUAL BEHAVIOR
---------------
Account is Closed but LCY Current balance ( LCY_CURR_BALANCE ) is non zero.
EXPECTED BEHAVIOR
-----------------------
Closed accounts should have zero balance in both Account currency as well as Local currency equivalent.
STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Pick an FCY account and close making account currency balance as zero
2. Close the account by making withdrawal of account balance
3. Check for revaluation
BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, LCY balance remains and hence the LCY GL balance too
Changes
Cause
To view full details, sign in with your My Oracle Support account. |
|
Don't have a My Oracle Support account? Click to get started! |
In this Document
| Symptoms |
| Changes |
| Cause |
| Solution |
| References |