Subsidy Accrual Sum is Short One Period After Termination (Doc ID 2237540.1)

Last updated on FEBRUARY 27, 2017

Applies to:

Oracle Lease and Finance Management - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

On : 12.1.3 version, Asset Management

ACTUAL BEHAVIOR
---------------
When a termination quote is processed on a contract with a Subsidy the Subsidy Accruals are accelerated, however, there is one period of accruals missing and the total amount asccrued is less than the Subsidy amount.

EXPECTED BEHAVIOR
-----------------------
Expect all Subsidy income to be included in the accruals.

STEPS
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The issue can be reproduced at will with the following steps:
1. Define a Rate Subsidy
2. Book a Lease Contract with this criteria:
  a. One Asset
  b. Start Date 30-Aug-2016
  c. Term 36 Months
  d. Payment 36 monthly installments in advance
  e. Subsidy defined on Asset
  f. Direct Finance Lease
3. Bill through 24-Jan-2017 to bill August, September, October, November and December.
4. Generate Accruals using Date 31-Dec-2016
5. Create a Terminate Quote (Without Purchase) using an Effective Date of 24-Jan-20117.
6. Process the Termination until it is Complete.
7. View Accounting entries for Accrual. There will be on Accrual entry from Generate Accruals in step 4
  and another accelerating the Subsidy Accruals for the termination completed in step 6.
  But the sum of the Subsidy Accruals does not match to the total Subsidy Amount.

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, a period of Subsidy income is missing from the accruals.

Cause

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