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OL-OLDTRONL-BASE-UTLFEE Is Calculated On Wrong Principal Basis After Loan Liquidation (Doc ID 2971755.1)

Last updated on SEPTEMBER 07, 2023

Applies to:

Oracle Banking Corporate Lending - Version 12.3.0.0.0 to 12.4.0.0.0
Information in this document applies to any platform.

Symptoms

On : 14.3.0.0.0 version, Production Support

ACTUAL BEHAVIOR
---------------
OL-OLDTRONL-BASE-UTLFEE is calculated on wrong Principal basis after loan liquidation

 
EXPECTED BEHAVIOR
-----------------------
After Liquidation of Loan Principal basis for UTLFEE should be 0 as there are no other utilization. However in this case UTLFEE was calculated with same Principal Basis (Lona Amount) as it was before Loan Liquidation.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Book a back dated revolving facility to start earlier than 30 days
2. Maintain Fee rates for COMFEE,FLIMFEE, UTLFEE Component
3. Book a back dated RL01 loan linked to commitment to to start earlier than 30 days and mature on tomorrow
4. Verify COMFEE and UTLFEE Calculations
5. Run EOD
6. Verify COMFEE and UTLFEE Calculation
7. Liquidate the loan fully as of today
8. Verify UTLFEE Calculation is wrong from the date of Loan Liquidation -

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution


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