Article Details
Id: | 8519 |
Product: | finPOWER Connect |
Type: | NEW |
Version: | 1.03.00 |
Opened: | 28/02/2011 |
Closed: | 28/02/2011 |
Released: | 24/03/2011 |
Job: | J006986 |
Account Refinance; better message if negative balance and opening a new Account
You cannot Refinance an Account with a credit balance (or where the refinance value is negative) into a new Account. This is because the opening advance for a Loan cannot be negative.
Previously this stopped the refinance with a message about the Loan advance being negative. However, this now includes a more specific error message noting the exact issue.