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Contingent Entries are not reversed after settlement of Securities Spot Deals hence Contingent GLs having balances (Doc ID 2743692.1)

Last updated on JANUARY 16, 2021

Applies to:

Oracle FLEXCUBE Universal Banking - Version 12.3 and later
Information in this document applies to any platform.

Symptoms

ACTUAL BEHAVIOR
---------------
Contingent Booking Entries posted during Securities Deal booking are not reversed during Deal settlement

EXPECTED BEHAVIOR
-----------------------
It is expected that Contingent GL balances to be zero after settlement of spot deals

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Book a Securities Spot Sell deal under portfolio product for which Contingent Booking is enabled
2. Execute SE batch on DSTL date of the deal
3. Verify if the Contingent entries are reversed after Deal settlement

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, Contingent GL balances are still pending even though the relevant deals are already settled impacting GL reports

Cause

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In this Document
Symptoms
Cause
Solution


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