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Payoff Quote with Buyout option as Y in version OFSLL_14.8.0.0.20 doesn't include the Residual amount in payoff quote amount (Doc ID 2877595.1)

Last updated on JUNE 18, 2022

Applies to:

Oracle Financial Services Lending and Leasing - Version 14.8.0.0.0 and later
Information in this document applies to any platform.

Symptoms

ACTUAL BEHAVIOR
---------------

Payoff Quote with Buyout option as Y in version OFSLL_14.8.0.0.20, doesn't include the Residual amount in payoff quote amount, which is incorrect. It is displayed as separate item in the payoff quote.

EXPECTED BEHAVIOR
-----------------------
Payoff quote amount should include Residual amount

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Create a lease account with rent factor
2. Post a payoff quote transaction with buyout option Y
3. Check the pay off quote, whether Residual amount is payoff quote

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution


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