Principal Outstanding for a Loan contract in LDDCOMNT screen is not matching with the Principal due shown in schedules (Doc ID 2655343.1)

Last updated on JUNE 21, 2021

Applies to:

Symptoms

ACTUAL BEHAVIOR
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Principal due amount as per Schedule is shown incorrect for reported Loan contracts

EXPECTED BEHAVIOR
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It is expected that Outstanding principal for an active loan contract should match with total due of Principal from scheduled amounts

STEPS
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The issue can be reproduced at will with the following steps:
1. Perform VAMI on a loan contract 
2. After authorization of VAMI, verify the installment of the contract 
3. Verify the principal outstanding amount in contract screen LDDCOMNT

BUSINESS IMPACT
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The issue has the following business impact:
Due to this issue, Incorrect due is being fetched in contract payment screen leading to excess payment by Customer having financial impact

Cause

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