Getting Error "You Must Enter Either Daily Or Periodic As The Amortization Frequency" during Lease Accounting Configuration Import (Doc ID 2727885.1)

Last updated on NOVEMBER 20, 2020

Applies to:

Symptoms

When attempting to import the zip file with Lease Accounting configuration,
the following error occurs.

ERROR
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Row Identifier: . Status: Warning. Message Code: FUN_FLACON_CALC_FREQ_ERR. Severity: . Message Text:
JBO-FUN:::FUN_FLACON_CALC_FREQ_ERR: <MESSAGE><NUMBER>FUN-720544</NUMBER><TEXT>You must enter either Daily or Periodic as the amortization frequency value for the business unit xxxxxxx.</TEXT><CAUSE></CAUSE><ACTION></ACTION><DETAILS></DETAILS><INCIDENT></INCIDENT></MESSAGE>

STEPS
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The issue can be reproduced with the following steps:

1. go to Setup and Maintenance > Select Financials > Fixed Assets > Task: Manage Lease Accounting Configuration > From Actions > Export to CSV > Create New > Check Export only Template files > Submit > Download files from Ready for Download > save zip locally.
2. fill in the zip with csv files for Lease Accounting implementation.
3. load it in the application
4. import goes into error

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot implement the Lease Accounting product.

Cause

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