System not updating the values for stage funded loan when processed through Front end application and Web Service (Doc ID 2704423.1)

Last updated on AUGUST 26, 2020

Applies to:

Symptoms

ACTUAL BEHAVIOR
----------------------------

Approved amount, Credit Limit Cur & Stage Fund Indicator not populated while migrating account through web service for a stage funding

EXPECTED BEHAVIOR
--------------------------------

System should support stage funding process for account on boarding through web service.

STEPS
-----------------------

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

1.Setup the contract instrument for Staged funding.
2.Create account through account on boarding web service with the instrument. JSON Request
3.Account created successfully. Check Approved amount in  Contract details screen under itemization.
4.Also check values in ACC_STAGE_FUND_IND,ACC_ADV_INITIAL_MIN,ACC_ADV_INITIAL_MAX, ACC_ADV_DRAW_END_DT, ACC_CR_LMT_CUR and ACC_CR_CONSUMED in ACCOUNTS table.
5.Post Advance disbursement transaction  manually through UI and through advance disbursement web service. Check whether transaction posted successfully


BUSINESS IMPACT
-----------------------
The issue has the following business impact:

Due to this issue, users cannot process the account through web service to disburse advance to customer for stage funded loans. 

Changes

Cause

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