CLDPYMNT - Early Full Payment cannot be done before capitalized schedule due date arrived (Doc ID 3028722.1)

Last updated on JUNE 16, 2024

Applies to:

Symptoms

On : 14.3.0.0.0 version, Implementation Support

CLDPYMNT (CL Payments) - Early full payment issue cannot be done before the due date of interest capitalized schedule.

When attempting to make full payment before the capitalized schedule due date arrives, system is not allocating the components correctly and throws an error.

ERROR
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CL-PMNT27 - Payment pending. Cannot close loan.
CL-PMTV32 - Amount Paid + Amount Capitalized cannot be Greater Than Amount Due + Amount Overdue + Adjustment Due - Amount Waived for :: $1

STEPS
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The issue can be reproduced at will with the following steps:
1. Pick a loan contract which have some capitalized interest schedules with future due dates.
2. Go to payment screen (CLDPYMNT).
3. Click on populate due and verify the allocated amount details (Due / Capitalized amount).
4. Do full payment and save/authorize the transaction.
5. Check if the payment processed properly.

BUSINESS IMPACT
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The issue has the following business impact:
Due to this issue, users cannot proceed with early payments before the due date arrives due to allocation of amount not happened properly.

Cause

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