Acceleration transaction is reversal not updating the field ACC_BACKDATE_DT in accounts table as expected. TPE_MAX_CYCLES_BACKDATED parameter is not considered (Doc ID 2730241.1)

Last updated on NOVEMBER 21, 2020

Applies to:

Symptoms

ACTUAL BEHAVIOR
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When an account is accelerated the backdate date is set to the acceleration date. When the acceleration transaction is reversed, ACC_BACKDATE_DT  is not set correctly. 

EXPECTED BEHAVIOR
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Expectation is system should consider TPE_MAX_CYCLES_BACKDATED system parameter while reversal

STEPS
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The issue can be reproduced at will with the following steps:
1.Select any loan account and check ACC_BACKDATE_DT in account table
2.Post the ACCOUNT ACCLERATION TXN and check ACC_BACKDATE_DT in account table
3.Reverse the same transaction and verify the date and check ACC_BACKDATE_DT in account table. System should use the parameter TPE_MAX_CYCLES_BACKDATED while updating the ACC_BACKDATE_DT  not the original value

BUSINESS IMPACT
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The issue has the following business impact:
Due to this issue, time consuming activity to correct the backdate date back  after acceleration reversal.

Changes

Cause

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