Rebook On Upgraded Contracts having Asset In Upfront Tax State Does Not Calculate Tax, Taxes Are Zero
Last updated on OCTOBER 27, 2017
Applies to:Oracle Lease and Finance Management - Version 12.2.5 and later
Information in this document applies to any platform.
During Rebook of upgraded 11i contract (in R12 instance) belonging Upfront state, if payment is changed, then OLFM should pass changed amount to EBTax so that tax call happens (similar to Booking of new contract)
The RENT of upgraded contracts (asset in Upfront Tax state) was increased, expectation was there is a new Upfront Tax Billed / Finance Fee line with increased amount. After contract is passed, there is no tax call to vertex.
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