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Loan Status Is Already "Liquidated" But Still Showing Outstanding In Summary CLSACCNT (Doc ID 3042533.1)

Last updated on AUGUST 23, 2024

Applies to:

Oracle FLEXCUBE Universal Banking - Version 14.7.0.0.0 and later
Information in this document applies to any platform.

Symptoms

ACTUAL BEHAVIOR
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Loan status is already "Liquidated" but still showing outstanding. When customer wants to repay full amount before maturity. So,the user performed manual repayment (MLIQ).

Transaction is completed and Loan status also changed to "Liquidated". However outstanding amount is showing in the summary screen (Function ID : CLSACCLNT).

EXPECTED BEHAVIOR
-----------------------
System should show 0 outstanding balance due to contract already liquidated.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Take an active CL account.
2. Do MLIQ and close the account.
3. Verify whether the loan status is changed to liquidated and the outstanding amount is 0


Cause

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In this Document
Symptoms
Cause
Solution
References


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