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ECM 9.2 : Internal Account Interest Gets Calculated for End Date After the Schedule Dates (Doc ID 2996562.1)

Last updated on JANUARY 09, 2024

Applies to:

PeopleSoft Enterprise FIN Cash Management - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.


Interest accrual process is calculating interest for accounts even after the schedule setup in the Internal bank account is over. When running interest accruals, end date is used as a parameter which is later than the last date in the schedule and the process successfully generates interest for the account for these dates.

1. Create 2 internal bank SERV1(Servicer Corporate Treasury) & OWNR1(Normal internal bank).
    Banking > Banks and Branches > Bank Information
2. Internal bank account between SERV1 & OWNR1.
    Banking  > Bank Accounts > Internal Accounts
3. Define the schedule from any Date 1 to Date 2.
4. Run the Accrue interest process with end date greater than Date 2.
    Cash Management > In-House Banking > Calculate Interest Accruals
5. Notice that after running the process, interest got calculate for dates later than what the internal account schedule was created for.


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