Article Details
| Id: | 13918 |
| Product: | finPOWER Connect |
| Type: | FIX |
| Version: | 3.00.00 |
| Opened: | 22/06/2016 |
| Closed: | 23/06/2016 |
| Released: | 06/07/2016 |
| Job: | J017617 |
 Breaking Change |
|
Default Interest; change to Monitor Category "In Default" logic when calculating Default Interest
A change has been made to the logic behind Monitor Category changes and if an Account is "In Default" on a day when calculating Default Interest.
Previously, if the Account was "In Default" at any time during a day it was treated as "In Default" for that day.
This has been changed so that only the end of the day "In Default" status is used.
NOTE: If you change an Account's Monitor Category to "In Default" and wish to reverse this, instead of doing another Monitor Category change clearing it, consider cancelling the initial change instead.