My Oracle Support Banner

Back Dated TD Booking uses wrong VD balance for interest calculation (Doc ID 2680655.1)

Last updated on JUNE 24, 2020

Applies to:

Oracle FLEXCUBE Universal Banking - Version 12.4.0.0.0 and later
Information in this document applies to any platform.

Symptoms

ACTUAL BEHAVIOR
---------------
When back value dated TD is booked system is not considering the correct VD balance and calculating the interest and in the next month interest adjustment entries are passed with the correct VD balance.

EXPECTED BEHAVIOR
-----------------------
System should calculate interest with the correct VD balance during booking itself.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Book a back valued TD.
2. Verify the interest calculated in month end.


Cause

To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!


In this Document
Symptoms
Cause
Solution
References


My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.