Last updated on MARCH 16, 2016
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, Asset Management
When attempting to validate a renewal quote where the End of Term option is defined as a percentage and Asset Cost is a low dollar amount,
the following error occurs. Using 6% as EOL%., OLFM is picking up as $6.00.
End Of Term value can not be greater than Original Equipment Cost.
The issue can be reproduced at will with the following steps:
1. Define a EOT option as value type Percent and activated it.
2. Create a renewal quote for a booked contract
3. Enter all the header information choosing the EOT option defined in step1
4. Add assets
5. Enter Asset cost as a low dollar amount
6. Enter an EOT override amount.
7. Click on apply
8. Click on Validate and receive the QA error.
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