Interest Calculation Program is not Picking any Pre-funded or Asset Funded Transaction to Calculate

(Doc ID 2307034.1)

Last updated on SEPTEMBER 13, 2017

Applies to:

Oracle Lease and Finance Management - Version 12.2.6 and later
Information in this document applies to any platform.


On : 12.2.6 version, Variable Interest Rate

Find that Interest calculation program is not picking any Pre-funded or asset funded transaction to calculate Interest.

Expect the Interest Calculation program to process the records

The issue can be reproduced at will with the following steps:
1. Created contract using Eligible for Pre-funding as 'YES'
2. Entered the Terms and conditions as below
  Interim Interest as 'Billed'
  Bill at Booking 'NO'
  Bill To 'LESSEE'
  Interest Calculation Formula 'INTERIM_INTEREST'
  Interest 'FIXED'
  Base Rate '10'
  Late Charge 'BILLED'
3. Created funding request, submitted and Approved.
4. Payable jobs submitted, AP invoice generated and Paid, Updated the Check date to History Date.
5. Interest Calculation job submitted-None picked.




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