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
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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?