Last updated on JULY 28, 2015
Applies to:Oracle Lease and Finance Management - Version 12.1.3 and later
Information in this document applies to any platform.
On : 12.1.3 version, Billing Modules
Find that when a contract billing schedule has a due date as last day of the month, and contract enters into Evergreen and starts billing for Evergreen Period, during the evergreen period the due date changes to the 30th of the month doesn’t have 31 days and then stays at the 30th until it reaches February where it switches to the 29th or 28th and then remains at this day thereafter.
Expecting that if a contract has a due day of the last day of the month that this would continue during the evergreen period, but this doesn’t appear to be the case.
The issue can be reproduced at will with the following steps:
1) Author an Operating Lease Contract with:
Evergreen Eligibility as Yes
Billing-Schedule in Arrears
Billing-Date as Last-Day-of-Month.
2) Run Lease Billing Request for Primary Contract Period
3) Run Evergreen Billing for Evergreen Period
4) Run Lease Billing Request for the Evergreen period
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