CI:CIDPYMNT - Incorrect Accounting Entries Triggered By System While Pre-closure Of Murabaha
(Doc ID 2985654.1)
Last updated on NOVEMBER 21, 2023
Applies to:
Oracle FLEXCUBE Universal Banking - Version 14.6.0.0.0 and laterInformation in this document applies to any platform.
Symptoms
ACTUAL BEHAVIOR
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Incorrect entries triggered on CI Payment.
EXPECTED BEHAVIOR
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Rebate functionality to be supported.
STEPS
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The issue can be reproduced at will with the following steps:
Finance contract booked few years back with rebate as 100%.
During the pre closure of Murabaha contract
Final rebate amount changed from the calculated rebate amount.
BUSINESS IMPACT
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The issue has the following business impact:
Due to this issue, incorrect settlement entries
Changes
UIDB has been configured at Product level and due to which during the payment system has triggered incorrect entries along with rebate.
Cause
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In this Document
| Symptoms |
| Changes |
| Cause |
| Solution |
| References |