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Status Change Not Processed On Schedule Due Date (Doc ID 2707024.1)

Last updated on JANUARY 24, 2022

Applies to:

Oracle FLEXCUBE Universal Banking - Version 12.0.2 and later
Information in this document applies to any platform.

Symptoms

ACTUAL BEHAVIOR
---------------
Status change not processed on schedule due date

Bank has set status change drv rule from NORM to PDO1 as:

(PRINCIPAL_OVR_DAYS >= 1 AND PRINCIPAL_OVR_DAYS <= 30) OR (MAIN_INT_OVR_DAYS >=1 AND MAIN_INT_OVR_DAYS <= 30).

However when principal/interest overdue = 1, the status is not changed yet.

EXPECTED BEHAVIOR
-----------------------
Status change should get processed on schedule due date

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Overdue a schedule by 1 day

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, loan is not reflecting correct status.

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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