Article Details
Id:16634
Product:finPOWER Connect
Type:FIX
Version:3.02.04
Opened:10/01/2020
Closed:10/01/2020
Released:11/02/2020
Job: J023522
High Importance

Account Processes; if fails to commit Transactions for an Account a Statement should not be generated with a Minimum Payment

Account Processes could potentially generate a Statement for a Revolving Credit Loan Account with a Minimum Payment based upon transactions that failed to be posted.

When calculating the Minimum Payment, finPOWER Connect now ensures that there are no Transactions on the schedule that haven't been posted to the Account. If there are, the Statement is not generated and a "Failed to calculate Minimum Payment for Statement" error is added to the error list.

Note, this would typically occur if the Entity prevented transactions from being committed. In this case you will also see an error like "Entity '[EntityId]' prevents Transactions being dated prior to [Date].".