EDM - Open Ended Maturity Process Does Not Retain Principal Balance
Last updated on OCTOBER 24, 2017
Applies to:PeopleSoft Enterprise FIN Deal Management - Version 9.2 and later
Information in this document applies to any platform.
A paydown/drawdown is entered to an open-ended maturity deal which affects the principal balance. Deal Position Update is run to generate new interest rate rows.
The new interest rows show a principal balance equal to the deal settlement amount rather than the lates principal balance.
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