Interest to be Calculated on Monthly Basis for Quarterly, Half Year, and Annual Leases
(Doc ID 2584371.1)
Last updated on MAY 01, 2020
Applies to:Oracle Fusion Assets Cloud Service - Version 11.13.19.04.0 and later
Information in this document applies to any platform.
When creating a lease with a payment frequency that is not monthly, the system calculates the interest according to the defined payment frequency.
For example, if the payment frequency is Annually, the system calculates the interest annually.
You need the interest to be calculated on a monthly basis.
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