How to Handle an Operating Lease if Base Amount Changes Every Year? (Doc ID 2503645.1)

Last updated on OCTOBER 25, 2022

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Goal

How to handle an Operating Lease if base amount changes every year?

In Oracle Assets, at the time of lease definition, you can provide the lease term and accordingly system calculates the Number of Payments.
You have an Operating lease with 5 % Interest but the base lease amount is increasing by a specific amount at the start of every year.

How can you build a schedule with an annual incremental clause?
 

Solution

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