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Loan Is Liquidated But Still It Is Active (Doc ID 2654932.1)

Last updated on APRIL 02, 2020

Applies to:

Oracle FLEXCUBE Universal Banking - Version 12.2 and later
Information in this document applies to any platform.

Symptoms

On : 12.2 version, Production Support-SET

ACTUAL BEHAVIOR
---------------
Loan is liquidated but still in active status

EXPECTED BEHAVIOR
-----------------------
After full pre-closure, loan should be in Liquidated status.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Pick a CL account having monthly Fee Accruals getting processed
2. Do a final settlement through pre-payment on a date before the month end
3. Verify the account status

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot have the status of the fully settled account as Liquidated

Changes

 Code modified to pick up the future Fee accrual records  and process them, thereby marking the account status as "Liquidated"

Cause

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In this Document
Symptoms
Changes
Cause
Solution


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