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CL:Amount Due Showing Negative Amount After Pre Payment (Doc ID 2940328.1)

Last updated on APRIL 10, 2023

Applies to:

Oracle FLEXCUBE Universal Banking - Version 11.3 and later
Information in this document applies to any platform.

Symptoms

ACTUAL BEHAVIOR
---------------
Amount due showing negative amount after pre-payment.

We have done a prepayment using change installment, the payment schedules is showing some negative amount .

EXPECTED BEHAVIOR
-----------------------
The schedules rebuilt after the prepayment should not contain any negative amount dues

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Take a loan for which overdue is settled.
2. Do prepayment for principal component with change installment option
3. Verify the schedules populated.

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, wrong dues showing for the loan.

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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