Incorrect IC accrual due to balance mismatch in IC Consol Bal table
(Doc ID 2991186.1)
Last updated on DECEMBER 18, 2023
Applies to:
Oracle FLEXCUBE Universal Banking - Version 14.7.0.0.0 and laterInformation in this document applies to any platform.
Symptoms
On : 14.7.0.0.0 version, Implementation Support
ACTUAL BEHAVIOR
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Interest accrual calculation is happening incorrectly. We are seeing accounting entries sum of child accounts is not matching with ictb_consol_vd_val for parent accounts.
EXPECTED BEHAVIOR
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Consolidated balance tables data for parent accounts are expected to be updated with the sum of balances from child accounts on EOD.
STEPS
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The issue can be reproduced at will with the following steps:
1. Post back dated and current dated transactions into the parent and child accounts.
2. Run end of day and validate ICTB_CONSOL_VD_BAL for the parent account post EOD.
BUSINESS IMPACT
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The issue has the following business impact:
Due to this issue, interest is being calculated incorrectly.
Cause
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In this Document
| Symptoms |
| Cause |
| Solution |