UPFRONT TAX FINANCED Fee Payment Stream is not Generating Billing Streams via SuperTRUMP
Last updated on JULY 26, 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, Lease Authoring
As part of the Upfront Tax functionality, where the Upfront Tax is set to UPFRONT TAX FINANCED, OLFM automatically creates a Financed Fee for the calculated Tax amount. This Financed Fee requires a Fee Payment Stream to be defined.
We defined the Fee Payment Stream FINANCED VAT, made it Billable, and created payments for the Financed Fee using this stream. However, whilst the Outbound XML contains a 'Lending Loans' section detailing the amount of each payment and the number of payments, no Payment Streams are requested and none are returned in the Inbound XML.
We have tried a number of different Pricing Names for the FINANCED VAT Fee Payment Stream, including 'Fee', 'Periodic Income' and 'Lending Loans Payment'. None of them result in returned streams.
Without the streams, there is nothing for OLFM to bill and therefore the customer is not billed.
The issue can be reproduced at will with the following steps:
1. Setup > Pricing > Stream Types - create Fee Payment stream type with Billable set to Yes
2, Setup > Pricing > Stream Generation Templates - associate new Fee Payment stream type to SGT with Pricing Name of 'Periodic Income'
3. Contracts > Create Contract with an OU which allows Upfront VAT, and set the Tax and Duties T&C to ensure it is Financed (UPFRONT TAX FINANCED)
4. Contracts > Run QA check to automatically create the Financed Fee for VAT, and then add payments using the new Fee Payment stream type created
5. Contracts > Run Pricing and validate that stream elements for the new Fee Payment stream type do not exist
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