Normalization Schedule Is Not Created From Start Of Lease (Doc ID 2255615.1)

Last updated on APRIL 16, 2017

Applies to:

Oracle Property Manager - Version 12.2.4 and later
Information in this document applies to any platform.

Symptoms

On : R12, Leases

Normalization schedule is not created from start of lease

Normalization schedule created only from current month instead of start of lease. Able to find there are Edits for the lease and no Amends.

Running the Normalized Rent Schedule Report (PNNRENTS) show Normalization starting from current period and not from start of lease.

 

Example:

Lease Number: xxxx

Lease Commencement Date: 15-MAY-14

Lease Termination Date: 30-SEP-24

Reviewing the normalized term:

Payment Term ID: 12272

Start Date: 15-MAY-14

End Date: 15-MAY-14

Normalize : Y

Norm Start Date: 01-FEB-16

Norm End Date: 30-SEP-24

Frequency: OT

Amount: 154129

Lease Status: ACT

It is unclear why the normalization started at 01-FEB-2016 instead of the Lease Commencement Date: 15-MAY-14.

Changes

 

Cause

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