Actual Days 366
A new value, Actual Days (366) is added to the Time Counting Method picklist for Lending Product and Contract. This method counts the actual days in the month, for example 31 days in a month or 29 days in February in case of a leap year. Actual Days (366) uses 366 days only for leap years and 365 for non-leap years.
To update the picklist to display this value for selection, refer to the Modify the Drop Down List procedure. Add the value Actual Days (366) to the Time Counting Method picklist in the CL Contract object.