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Islamic: PDM : Number of Days for PDM calcution is wrong for M03 (March) (Doc ID 2860754.1)

Last updated on APRIL 07, 2022

Applies to:

Oracle FLEXCUBE Universal Banking - Version 12.0.2 and later
Information in this document applies to any platform.

Symptoms

On : 12.0.2 version, Production Support-SET

ACTUAL BEHAVIOR
---------------
PDM issue

After running PDM M03, FY 2022 in Mock on 27/03/2022 we observed ANNUALIZED_RATE 1.65202 n but as per our business calculation shows Annualized Rate 1.76215.



EXPECTED BEHAVIOR
-----------------------
Annualized rate should be as per formulae defined

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Run PDM
2. Verify the Rate applied

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot see correct rate applied

Cause

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In this Document
Symptoms
Cause
Solution


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