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Loan Statement Issues (Doc ID 2866688.1)

Last updated on MAY 09, 2022

Applies to:

Oracle FLEXCUBE Universal Banking - Version 14.5.0.0.0 and later
Information in this document applies to any platform.

Symptoms

On : 14.5.0.0.0 version, Production Support-SET

ACTUAL BEHAVIOR
---------------
Loan statement issues

1.
There are some missing entries which is causing a mis-match in the running balance:
There is a £1k debit missing for the Arrangement Fee Due in the Debit Amount column and Balance

2.
New components called Penal Interest and Penal Principal. When these amounts are taken there is no narrative on the Loan Statement to identify what these payments relate too.
Can we arrange to add the following so they show on the clients Statement:
Default Interest Charge
Default Capital Charge
 

EXPECTED BEHAVIOR
-----------------------
Loan statement should show correct running balance, outstanding amount and component description

STEPS

------------------------

  1. From CL Detailed Statement screen, select the CL account and select the period for which statement should be generated.
  2. Generate the statement
  3. Verify if all the values are displayed correctly

 

BUSINESS IMPACT

-------------------------

Due to this issue, users cannot see the correct values in statement.

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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