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Depreciation Entries For Asset Is Not posted On Payment of Ijarah Contract In CIDPYMNT (Doc ID 2698077.1)

Last updated on AUGUST 11, 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
---------------
Depreciation entries for Asset are not fired on Ijarah Payment in the CIDPYMNT screen.

EXPECTED BEHAVIOR
-----------------------
System should trigger the depreciation entries after full payment is done for the associated Ijarah contract.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Perform complete settlement of Ijarah contract in CIDPYMNT and Authorize the payment
2. Verify whether the contract payment is successful.
3. Verify whether the payment has triggered the depreciation entries for the linked Asset reference

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, Asset related processing is not happening as part of Ijarah Contract liquidation

Cause

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In this Document
Symptoms
Cause
Solution
References


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