Profit Rates are not picked up properly during IC calculation
(Doc ID 2702790.1)
Last updated on AUGUST 25, 2020
Applies to:
Oracle FLEXCUBE Universal Banking - Version 11.2 and laterInformation in this document applies to any platform.
Symptoms
ACTUAL BEHAVIOR
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Interest calculation has gone wrong Deposit Accounts.
EXPECTED BEHAVIOR
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Interest to be correctly calculated as per rate and formula maintained.
STEPS
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The issue can be reproduced at will with the following steps:
1. Book an Islamic Deposit.
2. Run EOD.
3. Verify the interest calculated for the deposits.
Cause
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In this Document
Symptoms |
Cause |
Solution |
References |