Error When Adding Discount Index Rate: The Rate Start Date Must Be After The Amortization Start Date Of Any Active Leases Using The Previous Rate. (FUN-720677) (Doc ID 2927370.1)

Last updated on APRIL 04, 2023

Applies to:

Symptoms

When attempting to add a discount rate in the Lease Configuration, the following error occurs.

ERROR
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"Error: The rate start date must be after the amortization start date of any active leases using the previous rate. (FUN-720677)"

The error is not justified, because there are no active leases with amortization start date after the given rate start date.

STEPS
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The issue can be reproduced at will with the following steps:
1. go to Discount Rate Index page
2. attempt to add a row with Discount Rate Line Start Date = 01-Nov-2022
3. get error as a pop-up tied to given field.

Cause

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