DSBR (Disbursement) Event Charges Not Recovering For Back Dated Loan
(Doc ID 3035917.1)
Last updated on JULY 19, 2024
Applies to:
Oracle FLEXCUBE Universal Banking - Version 12.4.0.0.0 and laterInformation in this document applies to any platform.
Symptoms
ACTUAL BEHAVIOR
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Bank created a new CL product, where they have charges configured on DSBR (Principal disbursement) event.
if a loan contract is booked with present value date charges are collected, but using the same product if a contract is booked with past/back value date, these charges are not collected.
EXPECTED BEHAVIOR
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Charges should get deducted for back value dated loans as well.
STEPS
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The issue can be reproduced at will with the following steps:
1. Create back value dated loans and verify the disbursement charges application.
BUSINESS IMPACT
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The issue has the following business impact:
Due to this issue, users cannot recover charges for back value dated loans.
Cause
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In this Document
Symptoms |
Cause |
Solution |
References |