FCUBS - Rate Revision Date Beyond the Maturity Date of Contract (Doc ID 3080081.1)

Last updated on APRIL 13, 2025

Applies to:

Symptoms

ACTUAL BEHAVIOR
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System is allowing the user to the rate revision date beyond the maturity date of contract


EXPECTED BEHAVIOR
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System should not allow TO enter the rate revision date beyond the maturity date of contract;


STEPS
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The issue can be reproduced at will with the following steps:
1. Create a CL contract
2. Under Components Section - Schedule Definition, add a Revision Schedule.
3. Pass in First Due Date beyond the Maturity Date of the contract
4. System is not throwing any errors


BUSINESS IMPACT
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The issue has the following business impact:
Due to this issue, users can pass in First Due Date of Revision Schedule greater than Maturity Date of the contract

Changes

Cause

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