| [SICSR-14295] Bouquet Group Calculation - Profit Commission must be booked only when overall Profit/Loss = Profit | |
|---|---|
| Product Line: | P&C |
| Component/s: | Accounting general |
| Affects Version/s: | SICS 4.8.3 SSP1 |
| Fix Version/s: | SICS 4.9.3 |
| Issue Links: | is duplicated by SICSR-9588 |
| Customer: | Reale Mutua Assicurazioni |
Problem:
Accumulated Profit Commission generated when running the Retroession Calculation Order Group is booked to the ORPs also when overall Premium/Loss for the retrocessionaires included in the Bouquet Calculation Group is Loss.
Solution:
Accumulated Profit Commission calculated when running the Retrocession Calculation Group Order must be booked to the placements only when the overall Profit/Loss = 'Profit'. When overall result is Loss, previously booked Profit Commission must be reversed so that total Profit Commission amounting to zero.
Workaround:
Root Cause:
Extent of Impact:
Impact on Existing Data
Recovery Method for Existing Data Affected