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Unable to do the repayment towards a loan contract (Doc ID 2720954.1)

Last updated on APRIL 29, 2021

Applies to:

Oracle FLEXCUBE Universal Banking - Version 3.4 and later
Information in this document applies to any platform.

Symptoms

On : 3.4 version, Production Support-CET

ACTUAL BEHAVIOR
---------------
Incorrect amount is displayed during repayment of principal and interest components in the loan contract.

EXPECTED BEHAVIOR
-----------------------
Principal and interest components should be correctly adjusted and displayed during payments collection.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Take a loan contract to be liquidated.
2. Ensure mismatch in liquidation (ldtb_contract_liq) and transaction table.
3. Ensure mismatch in the settlement details with the ldtb_contract_master.
3. Try to liquidate the loan contract.

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, user is not able liquidate the loan contract and contract may become overdue.

Cause

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In this Document
Symptoms
Cause
Solution


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