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Issue With OFSLL Pre-Computed Loans INT Rebate (Doc ID 2767700.1)

Last updated on APRIL 11, 2021

Applies to:

Oracle Financial Services Lending and Leasing - Version 14.3.1 and later
Information in this document applies to any platform.

Symptoms

ACTUAL BEHAVIOR
---------------
System was not rebating interest in an early payoff, for accounts loaded as existing accounts through API process.

EXPECTED BEHAVIOR
-----------------------
System should set the ACC_INT_AMT_ESTIMATED_CUR while process API account boarding batch

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Board the pre-compute application and fund the loan
2. Verify the ACC_INT_AMT_ESTIMATED_CUR value after the account is created

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, system incorrectly calculating the payoff quote

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution


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