Loans not dropping

  • Valleyman1
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12 years 2 weeks 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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12 years 2 weeks 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).

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  • Valleyman1
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12 years 2 weeks 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

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12 years 2 weeks 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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