CD : CDDPMNT Penalty For Prepayment Not Deducting In Net Settled Amount (Doc ID 3049195.1)

Last updated on OCTOBER 14, 2024

Applies to:

Goal

On : 14.7.0.0.0 version, Implementation Support


While trying payment for corporate deposit from CDDPMNT with prepayment penalty rate, in net settlement amount instead of deducting penalty amount its adding to total paid amount.

Expected Result - Penalty rate amount value should be deducted from the net settled amount.
Actual Result - Penalty rate amount value is getting added to the P+I value.

Steps:
1. Create 1 contract in CDDTRONL.
2. Do payment from CDDPMNT with Penalty rate
3. Check the net settle amount.

Solution

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