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PRONBLEM:Auto liquidation Order of multiple loan account for same customer (Doc ID 2723539.1)

Last updated on NOVEMBER 02, 2020

Applies to:

Oracle FLEXCUBE Universal Banking - Version 12.0.3 and later
Information in this document applies to any platform.

Symptoms

On : 12.0.3 version, Production Support-SET

ACTUAL BEHAVIOR
---------------
PRONBLEM:Auto liquidation Order of multiple loan account for same customer


When funds were received into the linked account we thought that the 'oldest' arrears would be settled, however it would appear that the latest arrears were cleared.



EXPECTED BEHAVIOR
-----------------------
System incorrectly recovered the loan.
STEPS
-----------------------
The issue can be reproduced at will with the following steps:
Create Multiple loan accounts with same customer.
Run the EOD till liquidation date .
Verify the loan accounts.


BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Loan account balance impacted.

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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