My Oracle Support Banner

Initiation not fired for a Loan contract (Doc ID 2653854.1)

Last updated on JUNE 21, 2021

Applies to:

Oracle FLEXCUBE Universal Banking - Version 6.3 and later
Information in this document applies to any platform.

Symptoms

ACTUAL BEHAVIOR
---------------
On booking a loan contract and authorizing, Initiation event entries are not fired

EXPECTED BEHAVIOR
-----------------------
SYSTEM expects Initiation event to be fired before the contract is marked as Active

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Book a Loan contract with value date as application date in LDDCOMNT Screen
2. Authorize the contract
3. Verify if contract status is Active and Initiation entries are seen in event entries

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot record receipt of the reported loan contract since contract initiation is not fired impacting accounting

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
Cause
Solution
References


My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.