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 laterInformation in this document applies to any platform.
Symptoms
ACTUAL BEHAVIOR
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On booking a loan contract and authorizing, Initiation event entries are not fired
EXPECTED BEHAVIOR
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SYSTEM expects Initiation event to be fired before the contract is marked as Active
STEPS
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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
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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
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In this Document
Symptoms |
Cause |
Solution |
References |