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Error when Trying to Re-lease an Expired Asset on to a New Contract (Doc ID 1555373.1)

Last updated on MARCH 18, 2019

Applies to:

Oracle Lease and Finance Management - Version 12.1.3 and later
Information in this document applies to any platform.
Checked for relevance 29-Mar-2015

Symptoms

On : 12.1.3 version,

Error when trying to re-lease an expired asset on to a new Contract

Created a contract <CONTRACT_NUMBER> and tried to place available for re-lease asset <ASSET_NUMBER> on it. On submit(save) getting the following error:
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Error Asset Number already used. Please enter a different number
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------

The asset is an available of Manual Re-lease asset and is not re-leased on any other contract. So this error is not expected. It should be allowed to place this asset on the contract.

ERROR
-----------------------
Error Asset Number already used. Please enter a different number




STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Create a contract by duplicating from an Non booked contract having asset lines (contract in NEW or INCOMPLETE status)
2. Set start date and duration of the contract such that it has already expired (example : start date = 01-AUG-2012, term duration = 6 months, end date = 31-Jan-2013)
3. Book this contract
4. Bill and generate accruals till end of contract term
5. Run terminate expired contracts concurrent program and ensure that the contract is 'Expired'
6. Run "Process Transactions in Fixed Asset"
7. Change Asset Return Status to 'Manual Re-lease" for expired asset [Asset = <ASSET_NUMBER>]
8. Author a new contract and try re-leasing this asset <ASSET_NUMBER>on this contract
9. On trying to save this re-lease asset on configuration tab, this error is raised.


Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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