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FCUBS: CIDPYMNT:: Islamic Finance Partial Payment Prepayment Penalty Not Allocated On Single Attempt (Doc ID 2994707.1)

Last updated on JANUARY 02, 2024

Applies to:

Oracle FLEXCUBE Universal Banking - Version 14.6.0.0.0 and later
Information in this document applies to any platform.

Symptoms

ACTUAL BEHAVIOR
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System was not allocating Pre-Payment Penalty on first click

EXPECTED BEHAVIOR
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System should allocate the amount considering the prepayment penalty component as well.

STEPS
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The issue can be reproduced at will with the following steps:
Finance contract prepayment initiated CIDPYMNT screen.
Prepayment penalty 1 % is give, Clicked on allocate
System is not allocating the prepay penalty amount at one attempt of allocate.
user has to click multiple time on Allocate to process the payment.

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users need to perform multiple payment.

Changes

 The prepayment penalty calculation is based on the prepaid amount and hence system was not allocating in single attempt.  

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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