Get Previous Month Balance in Calculation
We have defined a business rule using the formula template to derive a value for an account (Business Rule details are attached for your reference). Our requirement is as follows,
There are 9 Dimensions (Years, Scenario, Version, POV, Product, Cost Center, Group, Account, and Time Period
Scenario, Version, POV, Product, Cost Center, Group dimension values are fixed for the calculation, and the Time period and Years dimensions are defined as run-time prompts of the rule.
Calculation of Interest Income (1101) = "5112"*"Credir Card - Weightage - Performing"/100*"Credit Card - Interest Rate"/1200
The requirement is only for the 5112, the value should be picked from the previous month of the month specified in the period variable.