14.4 To 14.8 upgrade not reflecting the correct calculation method for lease product.
(Doc ID 2744803.1)
Last updated on JANUARY 19, 2021
Applies to:
Oracle Financial Services Lending and Leasing - Version 14.8.0.0.0 and laterInformation in this document applies to any platform.
Symptoms
ACTUAL BEHAVIOR
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Existing products configured in OFSLL 14.4 has instruments & pricing based on Rent Factor lease. Upgrade scripts for 14.8 from 14.4 , updated the Calculation Method to INTEREST RATE instead of updating to RENT FACTOR.
EXPECTED BEHAVIOR
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Upgrade scripts from 14.4 to 14.8 should consider the Existing products and configuration and should try to retain that instead of updating the configuration with new value
STEPS
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Upgrade approach. Refer OFSLL user manuals
BUSINESS IMPACT
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The issue has the following business impact:
Due to this issue, users not able to process the lease accounts after upgrade to 14.8 with calculation method interest rate
Changes
Cause
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In this Document
Symptoms |
Changes |
Cause |
Solution |