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Fee Liquidation Not Checking GEDPARAM (Doc ID 2816334.1)

Last updated on FEBRUARY 01, 2022

Applies to:

Oracle FLEXCUBE Enterprise Limits and Collateral Management - Version 14.4.0.0.0 and later
Information in this document applies to any platform.

Symptoms

On : 14.4.0.0.0 version, Implementation Support

ACTUAL BEHAVIOR
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When fee liquidation date falls on a Holiday, system is always liquidating the fee one day before the due date

EXPECTED BEHAVIOR
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When fee liquidation date falls on a Holiday, system should liquidate based on GEDPARAM setting of holiday treatment.

STEPS
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The issue can be reproduced at will with the following steps:
1. Line created on 1st of Nov 2021.
2. Liquidation of first month happened on 1st Dec EOD 2021 EOD.
3. Interest calculation from 1st Nov to 1st Dec was liquidated on 1st Dec eod with value date as 1st Dec as well and event date also 1st Dec.
4. Now next Schedule liquidation date is 1st Jan 2022 eod. When system was on 1st Dec date, we unlocked calendar and marked 1st Jan 2022 as holiday. 31st December and 2nd Jan 2022 was working day.
5. Ran EOD of 31st Dec, system moved to 2nd Jan 2022. System liquidated the December month amount (calculated between 1st December and 1st Jan) on 31st Jan eod itself by default since it is not looking at GEDPARAM setting at all.

BUSINESS IMPACT
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The issue has the following business impact:
Due to this issue, users cannot have the Fee liquidation happening based on the maintained Holiday parameters

Cause

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In this Document
Symptoms
Cause
Solution


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