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How Does Multi Period Accounting (Expense Amortization) Work in Oracle Fusion Payables? (Doc ID 2229835.1)

Last updated on AUGUST 14, 2020

Applies to:

Oracle Fusion Payables Cloud Service - Version and later
Oracle Fusion Payables - Version and later
Information in this document applies to any platform.


How to amortize prepaid expenses over 12 installments over days, etc..

For example: Rental Agreement for 365 Days which starts on 27-Dec-16 and Ends on 26-Dec-17(365 Days)  Requirement is to amortize the rental expenses equally for over 365 days (366 days for leap year) of year.



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