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CL- Schedule Is Improper After Part Payment (Doc ID 2980599.1)

Last updated on OCTOBER 14, 2023

Applies to:

Oracle FLEXCUBE Universal Banking - Version 14.3.0.0.0 and later
Information in this document applies to any platform.

Symptoms

On : 14.3.0.0.0 version, Implementation Support

ACTUAL BEHAVIOR
---------------
CL- Schedule is improper after part payment.

EXPECTED BEHAVIOR
-----------------------
The tenor has to be reduced, the EMI amount has to be same.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Create a CL contact.
2. Take a part payment in CLDPYMNT with Reduce Tenor option.
3. Save and authorise the payment.
4. Check the schedules.

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, the EMI amount for the first schedule is not proper.

Cause

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In this Document
Symptoms
Cause
Solution


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