Loans not dropping
- Valleyman1
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12 years 3 months ago #11916
by Valleyman1
Loans not dropping was created by Valleyman1
I have loans which are not dropping after they have matured.They still appear in the as active loans, even after it has been repayed completely.
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- saliht
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12 years 3 months ago #11988
by saliht
Replied by saliht on topic Re: Loans not dropping
STATUS field in LD will be changed to LIQ on maturity date.
But the contract will be moved to history based on the number of days input in DAYS.POST.MATURITY field in LMM.INSTALL.CONDS(parameter set up table for LD).
But the contract will be moved to history based on the number of days input in DAYS.POST.MATURITY field in LMM.INSTALL.CONDS(parameter set up table for LD).
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- Valleyman1
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12 years 3 months ago #11989
by Valleyman1
Replied by Valleyman1 on topic Re: Loans not dropping
The status field on my LDs is LIQ but i still find the contracts on live file. The following is my LMM.INSTALL.CONDS
13 SIGNIFICANT.AMT... 0.01
14 DAYS.POST.MATURITY 3
15 DEFAULT.CHG.CODE.. 1 ADMINISTRATION CHARGE
16 FIRST.DAY.ACCRUAL. YES
13 SIGNIFICANT.AMT... 0.01
14 DAYS.POST.MATURITY 3
15 DEFAULT.CHG.CODE.. 1 ADMINISTRATION CHARGE
16 FIRST.DAY.ACCRUAL. YES
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- saliht
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12 years 3 months ago #11990
by saliht
Replied by saliht on topic Re: Loans not dropping
According to this set up - LD contract will be moved to history after 3 days from maturity. If it is not moving - it is a bug. There were some recent fixes done for this problem. You can suggest client to raise an issue to Temenos.
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