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Step Rate Contract Edit Failing (Doc ID 2745977.1)

Last updated on JANUARY 23, 2021

Applies to:

Oracle Financial Services Lending and Leasing - Version 14.5.0.0.0 and later
Information in this document applies to any platform.

Symptoms

ACTUAL BEHAVIOR
---------------

Step Rate Contract Edit failing for XVL PMT TOLERANCE

EXPECTED BEHAVIOR
-----------------------
System should not raise the edit for payment when using the promotion

STEPS
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The issue can be reproduced at will with the following steps:
1. Create an application with promotion. Select the promotion as IRT.
2. The promotion should be first 10 months rate should be less than the actual rate
3. Process the application and fund the loan
4. Verify the application should have funded without any issues

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users unable to fund an application

Cause

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In this Document
Symptoms
Cause
Solution


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