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Manual Rollover Done on an Auto Rollover Account Results in Double Rollover (Doc ID 2686554.1)

Last updated on JULY 01, 2020

Applies to:

Oracle FLEXCUBE Universal Banking - Version 14.0.0.0.0 and later
Information in this document applies to any platform.

Symptoms

On : 14.0.0.0.0 version, Production Support-SET

ACTUAL BEHAVIOR
---------------
System automatically Rollover on the old maturity date even after the account was extended to new maturity date after a manual Roll over; resulting in double Rollover

EXPECTED BEHAVIOR
-----------------------
System is not expected to Auto rollover on the old maturity date after the account is extended to new maturity date after manual Roll over

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Create a loan account with Auto rollover enabled at loan level. Rollover Type as Custom, Roll By as Days and rollover component as PRINCIPAL. Debit Settlement account should not have sufficient balance.
2. Do a manual rollover on maturity date and with same tenor as earlier.
3. Run EOD for Maturity Date and the account has gotten auto rollover for 1 day.

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users have multiple Rollovers on same maturity date

Changes

 Code modified to delete the old maturity date's ROLL event to avoid double ROLL.

Cause

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In this Document
Symptoms
Changes
Cause
Solution


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