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## 1.2.1 Functional Features

This topic provides the information about the various functional features added in this release.

Charges Enhancements - Virtual-Account-Level Charging and Retry of Failed Charge Collections

- Banks can now levy and collect charges at the virtual account level. In this scenario, charges are collected from the virtual account and the linked real account. The following charge types are supported at the virtual account level:
  - Virtual account maintenance charges
  - Charges based on the number of transactions
  - Tax on charges
- Automatic retry of failed charge postings is now supported through a configurable parameter.
- Additional options are provided to reverse a previously collected charge, waive a specific charge, and retry failed charge collection on an ad hoc basis.
- Charge posting has been enhanced to hand off charges and any associated VAT (if configured) to the DDA system as a single transaction. If any posting fails, both the charge and VAT postings are rolled back.

Audit Details for Records Created via File Uploads

Audit stamping has been enhanced to capture and store the actual maker and checker from the uploaded file at the individual record level for records created through file uploads in Oracle Banking Virtual Account Management.

Parent topic: Release Enhancements