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FCUBS : CIDPYMNT: Partial Payment With Reduce Tenor Is Not Changing The Tenor (Doc ID 3001087.1)

Last updated on FEBRUARY 08, 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
---------------
Tenor is not reduced.

EXPECTED BEHAVIOR
-----------------------
System should reduce the tenor.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
Finance contract is booked using the CIDACCNT screen.
After few month manual payment processed as partial prepayment using CIDPYMNT screen with Reduce tenor option.
After payment verified system is not changing the tenor.

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot reduce the tenor as part of prepayment.

Cause

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In this Document
Symptoms
Cause
Solution
References


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