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System Calculate Incorrect IRR (Doc ID 2656307.1)

Last updated on APRIL 14, 2020

Applies to:

Oracle FLEXCUBE Universal Banking - Version 12.1 and later
Information in this document applies to any platform.

Symptoms

On : 12.1 version, Production Support-SET

ACTUAL BEHAVIOR
---------------
System Calculate Incorrect IRR


Currently, we've faced problem with IRR calculate incorrect between manual and system calculation.
Please kindly check manual calculation, CL spool, Product spool as attached.


Regards,
Sophors.

EXPECTED BEHAVIOR
-----------------------
System should have calculated IRR correctly

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Consider a loan account
2. Compare IRR calculated by system and manually calculate IRR
3. There is a difference in IRR

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users are facing problem with IRR calculations

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution


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