How to Make Normalization Based On Billing/Payment Term Start Date Rather Than Lease Commencement Date
(Doc ID 1988990.1)
Last updated on FEBRUARY 24, 2020
Applies to:
Oracle Property Manager - Version 12.1.3 and laterInformation in this document applies to any platform.
Goal
According to FASB-13 standards, normalization is the average rent payments/billings over the term of the lease. However, normalization can be calculated in the period of the payment/billing term when using the Amend lease functionality.
Solution
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In this Document
Goal |
Solution |