As per standard T24 functionality, the system will update MG.RATE.CONTROL table with BASIC.INTEREST daily by default. What is the setup if our requirements are to update the MG.RATE.CONTROL on a 6 months frequency or on an ADHOC basis.
What would be the effect on contracts that have already been entered and as a maturity date which is now being declared as a holiday?
Why system(MG) paid extra re-payment than the actual re-payment amount on last payment day?
How does the system calculate the final repayment amount in MG if we give the repayment amount manually?
How does the system perform a re-calculation if we set RECALC.REPAYMENT=YES during MG.PAYMENT?
The field PRINCIPAL RCVD/INTEREST.RCVD of MG.FUTURE.BALANCES enquiry shows a difference of .01 in R07 in comparison with the value in G13. What could be the reason?
Prior to R06 to R08
The system does not allow to commit the MG record when we set the field FIRST.DAY.ACCRUAL as NO. Why?
From R06 to Current
We noticed a difference in the TOT.SUSP.INT field in MG.BALANCES during the upgrade process?
When does MG.BALANCES get updated on doing MG.PAYMENT?