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FOTH fee configured not getting posted by considering the system parameter CMN_AMOUNT_ROUND_FACTOR (Doc ID 2674590.1)

Last updated on MAY 28, 2020

Applies to:

Oracle Financial Services Lending and Leasing - Version 14.8.0.0.0 and later
Information in this document applies to any platform.

Symptoms

ACTUAL BEHAVIOR
---------------
Configure FOTH Fee in Asset billing rate definition as flat amount 130 with rate freq = ANNUAL and Accounts billing freq = Monthly. Execute billing batch and check whether system uses CMN_AMOUNT_ROUND_FACTOR system parameter to post charges with decimals.

EXPECTED BEHAVIOR
-----------------------
System should use CMN_AMOUNT_ROUND_FACTOR parameter for rounding off

STEPS
-----------------------
The issue can be reproduced at will with the following steps:

1) Configure FOTH Fee in Asset billing rate definition as flat amount 130 with rate freq = ANNUAL and Accounts billing freq = Monthly.
2) Create an Account and attach the above configuration to this account.
3) Execute the billing batch job to process this account
4) Check whether system posts charges = 130/12 as 10.83 and rounding off the txn amt as per the CMN_AMOUNT_ROUND_FACTOR system parameter defined to 2 decimals.

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, System incorrectly posting the transaction amount for FOTH transaction

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution


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