SICSR-17309
| [SICSR-17309] Fac Business, if the share of the retrocessionaire is changed, the opposite accounting related to VAT is not generated accordingly. | |
|---|---|
| Product Line: | P&C |
| Component/s: | Accounting general |
| Affects Version/s: | SICS 4.9.4 |
| Fix Version/s: | SICS 20.1 |
| Customer: | China Re |
Problem:
Fac Business, if the share of the retrocessionaire is changed, the opposite accounting related to VAT is not generated accordingly.
Solution:
When Placement's signed share is changed for ORPs on Fac OCC (prop and non-prop), we must make sure that also the VAT, WVAT and Surcharge bookings are adjusted by the retroactive changes in the same way as other booking details are, e.g. Premium.
Workaround:
Root Cause:
Extent of Impact:
Impact on Existing Data
Recovery Method for Existing Data Affected