Profit Not Liquidated Upon Account Class Transfer Of Islamic Accounts
(Doc ID 3078977.1)
Last updated on APRIL 09, 2025
Applies to:
Oracle FLEXCUBE Universal Banking - Version 14.2.0.0.0 and laterInformation in this document applies to any platform.
Symptoms
ACTUAL BEHAVIOR
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Bank have transferred the account class of Islamic accounts (Islamic to Islamic), but system did not liquidate the profit .
EXPECTED BEHAVIOR
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The due profit should get liquidated for the days before account class transfer.
STEPS
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The issue can be reproduced at will with the following steps:
1. Transfer account class verify any profit liquidation posted
2. Run EOM and then PDM verify the profit liquidated amount.
BUSINESS IMPACT
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The issue has the following business impact:
Due to this issue, customers are not paid due profit for the days of before the account class transfer.
Cause
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In this Document
Symptoms |
Cause |
Solution |
References |