Article Details
Id: | 10672 |
Product: | finPOWER Connect |
Type: | FIX |
Version: | 1.06.05 |
Opened: | 07/11/2012 |
Closed: | 07/11/2012 |
Released: | 26/11/2012 |
Job: | J010679 |
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Restructure; after Restructure Accounts may be charged incorrect Interest if "Charge precomputed Contractual Interest during normal Term?" is checked
After a Restructure, Accounts may be charged the incorrect Interest if the Account Type's "Charge precomputed Contractual Interest during normal Term?" Interest option is checked.
The Account will be charged Interest based upon the original Contractual schedule even after a Restructure - it should use the Contractual schedule created during the Restructure.