E1: 15: Lease Information (P1501) and Recurring Billing (P1502 ) Needs to Allow For Multiple Legal Landlords on Leases for Billings
Last updated on MAY 31, 2016
Applies to:JD Edwards EnterpriseOne Real Estate Management - Version 9.0 and later
Information in this document applies to any platform.
In the situation where there are two legal landlords on one AP lease and when creating Recurring Billing, needs for each legal landlord/payee has their own bill code on different recurring billing line and then be able to process 1099 at year end for each legal landlord/payee.
Current functionality only allows for one landlord on a lease and when creating the Recurring Billing with both payees on their own bill code on different recurring billing line, both Bill codes and recurring billing entry vouchers are saved under the landlord on the lease header and not for the individual payee on the bill code billing line. When searching for the vouchers, all the vouchers are saved under the Supplier Master for the landlord in the lease header and not under the correct payee for the recurring billing line.
The ability to print invoices for the alternate payee (other legal landlord) is available but when searching for the voucher for each payee and also when processing 1099s for each payee/supplier - all the vouchers are being recorded under one legal landlord and 1099s are reporting the incorrect amounts.
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