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ICDCALAC : Interest compuding calculations (Doc ID 3048052.1)

Last updated on SEPTEMBER 22, 2024

Applies to:

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

Goal

On : 14.7.0.0.0 version, Implementation Support

Interest & Charges Single Account Online Calculation not working properly

Steps Followed:
ICDCALAC Calculation showing wrong interest amount which is differ from our manual,


ACTUAL BEHAVIOUR:
System is not considering Quarterly capitalization.

EXPECTED BEHAVIOUR:
It should be consider quarterly capitalization.
 

Solution

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In this Document
Goal
Solution


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