My Oracle Support Banner

Termination not Creating Expected Credits (Doc ID 2319543.1)

Last updated on NOVEMBER 25, 2020

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, Asset Management

A contract is Booked with payments in arrears, billing on the first of each month. The contract is terminated effective 01-Sep, and the 01-Sep and 01-Oct payments have already been invoiced. Credits are genereted only for the 01-Oct payment.

Since the contract is being terminated on 01-Sep, expect that the 01-Sep payment would also be credited.

The issue can be reproduced at will with the following steps:
1. Book a contract that bills Rent in arrears on the first day of the month.
2. Bill the contract for some periods.
3. Terminate the contract effective the first day of a month that has a payment that has been invoiced.
4. The payment dated on the quote effective date is not being credited.


To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!

In this Document

My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.