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How the Asset RoU Gross and Financial Liability Are Computed after a Lease Rent Change? (Doc ID 2556882.1)

Last updated on DECEMBER 10, 2019

Applies to:

Oracle Fusion Assets Cloud Service - Version 11.13.19.01.0 and later
Information in this document applies to any platform.

Goal

Customer wants to understand how the Asset RoU Gross and Financial Liability are computed after a Lease Rent Change

Before the Lease Rent Change:
- Original Cost of the contract was € 542.326,98 (please refer to sheet “BE041” cell C3. This table has been extracted from a custom report showing the amortization schedule of all contracts. Same value is reported on Oracle picture on the right under heading “Original Cost”).
- We performed Liability calculation on Excel and we found the same amount of € 542.326,97
After the Lease Rent Change made in March (Lease Rent Payment changed from € 3.785,23 to € 3.850,13):
- Current Cost of the contract is € 554.065,59
 

Solution

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In this Document
Goal
Solution
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