Getting LD-C0508 Error At The Time Of Doing Manual Rollver For The MM Contracts (Doc ID 2907299.1)

Last updated on NOVEMBER 07, 2022

Applies to:

Symptoms

Actual Behavior

User is doing Manual rollover for the MM deals and getting the error 'Total amount for Schedule component exceeds the total Amount'


Expected Behavior

System should not throw the error during rollover


Steps

1. Create a MM contract with back value dated contract. Eg. Today is 29-09-2022 then value date should be 23-09-2022 and maturity date should be 30-09-2022
2. Change the schedule where atleast one principal schedule is got liquidated. Eg. With additional to the existing bullet schedule, add principal daily schedule on 27-09-2022
3. Check the check box 'Liquidate Back Valued Schedules' under Preference tab.
4. Save and authorize the contract.
5. Then invoke the same contract and unlock it on 29-09-2022
6. Check the check box 'Rollover Inst Completed' under Rollover tab
7. Try to save the contract and check any error occurs


Business Impact

Due to this issue, users cannot do manual rollover the contract.

Changes

Cause

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