Back Value Dated Transaction Did Not Trigger IC Back Calculation
(Doc ID 2956241.1)
Last updated on JUNE 23, 2023
Applies to:
Oracle FLEXCUBE Universal Banking - Version 12.0.3 and laterInformation in this document applies to any platform.
Symptoms
ACTUAL BEHAVIOR
---------------
If a back value dated transaction is posted with a value date of last liquidation date (Last_Liq_Dt), this is not triggering IC back calculation against the respective product. No record is populated in Ictb_Back_Dated_Events and no adjustment is calculated in Ictb_Adj_Interest.
EXPECTED BEHAVIOR
-----------------------
For back value dated transactions even if it is posted with a value date of last liquidation date (Last_Liq_Dt), the IC back value calculation must be triggered.
STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Perform back value dated transactions with a value date of last liquidation date (Last_Liq_Dt) of of IC product attached to the account .
2. Verify back calculation triggers on EOD or not.
BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, back value calculation not triggered.
Cause
To view full details, sign in with your My Oracle Support account. |
|
Don't have a My Oracle Support account? Click to get started! |
In this Document
Symptoms |
Cause |
Solution |
References |