Article Details
Id:13049
Product:finPOWER Connect
Type:FIX
Version:2.03.00
Opened:26/06/2015
Closed:29/06/2015
Released:09/07/2015
Job: J015796
Breaking Change

Refinance Account; may fail with "Account has no payments. Check Overriding Payments are valid."

When refinancing an Account, the following error may occur "Failed to commit Account Close. Failed to Refinance Account. Failed to create Refinance Account. Failed to calculate Account. Account has no payments. Check Overriding Payments are valid.".

This may occur if overriding payments were used on the original Account. For example, if payments were overridden to be $200 per fortnight - and this means the refinanced Loan Account cannot be calculated, especially if a different Account Type is used.

Note, overriding payments are now cleared when refinancing an Account.