| [SICSR-16486] MG - Portfolio Aggregated/Converted Currency functions not working correctly | |
|---|---|
| Product Line: | P&C |
| Component/s: | Accounting general |
| Affects Version/s: | SICS 4.9.3 |
| Fix Version/s: | SICS 4.9.4 SICS 4.9.3 SSP2 SICS 4.9.3 SSP1 REN1 |
| Customer: | Renaissance Re |
Problem:
Multi GAAP calculation functions "Portfolio Aggregated Amount" and "Portfolio Converted Currency Amount" does not allocate to correct periods when used With %bookingPeriod parameter.
Solution:
In Multi GAAP calculation rules and sub calculations, implement the following 3 new functions to be available in Add Function -> Calculated Amounts:
1. Portfolio Aggregated Amount for Currency for Booking Period
This will be similar to existing function Portfolio Aggregated Amount for Currency, but with parameter for booking year and booking period. When calculated on an assumed business, the function should return the value from the referenced Estimated item on the linked Portfolio Program (PoP), for the booking year & period on the PoP equal to the booking period on the assumed Business.
2. Portfolio Aggregated Amount for Booking Period
This will be similar to existing function Portfolio Aggregated Amount, but with parameter for booking year and booking period. When calculated on an assumed business, the function should return the value from the referenced Estimated item on the linked Portfolio Program, for the booking period on the PoP equal to the booking period on the assumed Business.
3. Portfolio Converted Currency Amount for Booking Period
This will be similar to existing function Portfolio Converted Currency Amount, but with parameter for booking year and booking period. When calculated on an assumed business, the function should return the value from the referenced Estimated item on the linked Portfolio Program, for the booking period on the PoP equal to the booking period on the assumed Business.
Workaround:
None
Root Cause:
Probably original implementation
Extent of Impact:
Impact on Existing Data
None
Recovery Method for Existing Data Affected