CL:CLDACCNT:Loan Booking Fails When Future Interest Value Is Given (Doc ID 2942807.1)

Last updated on MAY 01, 2023

Applies to:

Symptoms

ACTUAL BEHAVIOR
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CLDACCNT-Loan Booking fails when future interest value is given

EXPECTED BEHAVIOR
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System should allow user for the successful loan booking.

STEPS
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The issue can be reproduced at will with the following steps:
Application date : 2022-11-29
1. Book Loan-Capture the details ccy amount and value date as current dated-click product default.
2. Edit UDE provide the rate for Facility fee only.
3. Add row for the Effective date(2022-12-20) and give future date- Capture the Interest Rate for this Effective Date (Future).
4. Edit the schedules and give the installment start date from the Future Effective date (2022-12-20) and due on 20th for MAINT_INT and PRINCIPAL component.
5. Click on save Button-> system gives error message as "Balance Breakup not found. Failed in Framing the Accounting Entries".

BUSINESS IMPACT
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The issue has the following business impact:
Due to this issue, users while Booking loan fails when future interest value is given.

Changes

Cause

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