FIX3.02.01 · Released 12 September 2019

FIXfinPOWER Connect

Released in

3.02.01

12 September 2019

1. Opened15 Jul
2. Closed20 Aug
3. Released12 Sep

Article 16260 Job J022618

Loan Account Financial Calculations; Payments in Advance may incorrectly calculate number of payments

An Account Type that is setup as "Payments In Advance" does not correctly calculate the number of payments if the Payment value is changed.

Note, typically you will change the Term/ Number of Payments rather than the Payment value.