Is it Possible to Record And Amortize Expenses Related to Acquiring Debt In Treasury?
Last updated on JANUARY 08, 2015
Applies to:Oracle Treasury - Version 12.2.3 and later
Information in this document applies to any platform.
You are using Treasury to record and manage debt. For long term debts, you are using the wholesale term money deal to record the debt. You understand that interest expenses can be accrued for this type of deal. Is there a functionality that can be used to record and amortize expenses incurred to acquire the debt, e.g debt issuance expenses, bank processing fee for issuing the loan, etc.
If there's none, is there a workaround they can use?
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