The base functionality that supports penalty and interest calculations is designed to recognize discrete time periods in which differing calculation rules apply. This includes identifying periods where penalty and interest should not accrue. The base package supports functionality to suppress P&I calculation for a given period by providing a sample algorithm that identifies all the suppressed periods that apply to the overall calculation period and turns off all P&I rule processing for those date ranges.
In order to use the base functionality that suppresses P&I, you should configure algorithm C1-PI-PR-SUP on all appropriate obligation types. Refer to the algorithm type description for a detailed description of the way in which the periods of suppression are determined.
Refer to The Big Picture Of Penalty and Interest for more information on configuring penalty and interest rules.
Copyright © 2007, 2016, Oracle and/or its affiliates. All rights reserved. Documentation build: 2.5.2016 10:21:45 [T1_1454696505000]