E1: 15: Lease Management Create Lease Amortization Schedule (R15170) Should Calculate Compound Interest
(Doc ID 2561392.1)
Last updated on JULY 03, 2019
Applies to:JD Edwards EnterpriseOne Real Estate Management - Version 9.2 and later
Information in this document applies to any platform.
When creating the Amortization Schedules (R15170) the system does simple average rate for the borrowing rate by dividing it by 12. It is expected that this would be a compounded rate by using formula ((1+r)^(1/12))-1.
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