Enterprise Planning and Budgeting Cloud Services (EPBCS) Strategic Modeling (SM) - 360 Day Interest In Debt Scheduler Is Not Calculating As Expected (Doc ID 2763670.1)

Last updated on NOVEMBER 02, 2022

Applies to:

Symptoms

In Debt Scheduler, on the 'Interest' tab there is a button that gives you the option to use a 360 day interest convention.  It defaults to 365 day if the button is unchecked. However, when this button is selected, the model still uses a 365 day convention.

Changes

 Changing interest calculation based on 360 days instead of 365 days.

Cause

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