OLDVAMND : Incorrect Basis Amount For Main Component in Revolving Commitment Leading to Incorrect Calculation
(Doc ID 2766026.1)
Last updated on SEPTEMBER 06, 2021
Applies to:
Oracle Banking Corporate Lending - Version 14.1.0.0.0 and laterInformation in this document applies to any platform.
Symptoms
ACTUAL BEHAVIOR:
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OLDVAMND- Incorrect Basis Amount for Main component Revolving Commitment after Principal Change
EXPECTED BEHAVIOR:
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OLDVAMND- Basis Amount for Main component Revolving Commitment after Principal Change, Calculation should be Correct.
STEPS
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The issue can be reproduced at will with the following steps:
1. Login to Screen(OLDVAMND)
2. Book a Backdated revolving Commitment and Link it with a Loan contract.
3. Do payment for Loan Contract.
2. Now do Backdated VAMI (i.e. Before the Payment date) on Commitment Contract to increase Principal
3. Check ICCF CALC table- Basis amount should be correct for all schedules.
Cause
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In this Document
| Symptoms |
| Cause |
| Solution |
| References |