FCUBS - CIDRSCHD - During Rescheduling TAKAFUL Component Rescheduling Is Not Proper
(Doc ID 3001086.1)
Last updated on FEBRUARY 06, 2024
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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Takaful component amount is not in order.
EXPECTED BEHAVIOR
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Takaful amount to be as per the outstanding amount.
STEPS
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The issue can be reproduced at will with the following steps:
Finance contract is booked using the CIDACCNT screen.
Few schedules are already settled
After few schedules overdue, Rescheduling is processed using the CIDRSCHD screen.
After rescheduling system is recomputing the TAKAFUL amount as well.
Idaeally system should collect the actual TAKAFUL amount as per the formula.
But system is collection 0.053 amount equally across the remaining schedules.
BUSINESS IMPACT
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The issue has the following business impact:
Due to this issue, incorrect schedule data is present.
Changes
Cause
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In this Document
Symptoms |
Changes |
Cause |
Solution |
References |