LEN - RFR - Penalty Is Not Getting Reversed After Back Value Dated Payment (Doc ID 2991225.1)

Last updated on DECEMBER 21, 2023

Applies to:

Symptoms

While user attempt to perform backdated payment to reverse penalty component, in payment details tab of OLDTRONL screen, it shows correctly. However, there was no account fired or reversal happened.
The penalty components are getting reversed only inside the payment details screen but not in the accounting entries.


STEPS
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The issue can be reproduced at will with the following steps:
1. Create a backdated contract keeping 2 to 3 schedules. Let the liquidation mode be auto.
2. Keep only half funds in the debit account, so that the first schedule gets partially liquidated.
3. After EOD, if you check the schedule would have got partially liquidated and the remaining amount would have started to accrue penalty.
4. Do a (D-1) payment for the remaining amount. The value date of the manual payment should be the scheduled date.
5. After doing the payment, check in payment details screen.
6. The penalty will get reversed.(in payment details screen)
7. But, check in the events, the penalty is not getting reversed.

Changes

Cause

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