Loan Is Liquidated But Still It Is Active
(Doc ID 2654932.1)
Last updated on APRIL 01, 2023
Applies to:
Oracle FLEXCUBE Universal Banking - Version 12.2 and laterInformation in this document applies to any platform.
Symptoms
On : 12.2 version, Production Support-SET
ACTUAL BEHAVIOR
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Loan is liquidated but still in active status
EXPECTED BEHAVIOR
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After full pre-closure, loan should be in Liquidated status.
STEPS
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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
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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 |