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 laterInformation in this document applies to any platform.
Symptoms
On : 12.1.3 version, Asset Management
ACTUAL BEHAVIOR
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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.
EXPECTED BEHAVIOR
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Since the contract is being terminated on 01-Sep, expect that the 01-Sep payment would also be credited.
STEPS
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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.
Cause
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In this Document
| Symptoms |
| Cause |
| Solution |