Lease Invoice Rounding Issue (Doc ID 2221439.1)

Last updated on JANUARY 09, 2017

Applies to:

Oracle Lease and Finance Management - Version 12.2.4 and later
Information in this document applies to any platform.

Goal

While placing a capital lease, the Rent is broken into Principal Payment and Interest payment by the System automatically. In 12.1.3, we did not have any issue with rounding. The sum of principal payment and Interest payment does not add up to the rent amount, it is .01 less. This is causing a rounding issue on the total invoice amount that we did not have earlier in 12.1.3. Why is that?
 

Solution

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