No Accounting Templates Found for the Transaction Type Termination and Product
Last updated on NOVEMBER 29, 2017
Applies to:Oracle Lease and Finance Management - Version 12.2.7 and later
Information in this document applies to any platform.
On : 12.2.7 version, Asset Management
The contract has reached its end of term and is eligible for 'Evergreen'. When the 'TERMINATE EXPIRED CONTRACTS' Program is run, the contract is not getting into 'Evergreen' status and the 'Termination Transaction' show the following error:
No accounting templates found for the transaction type Termination and product US Direct Finance Lease Financial Product.
The issue can be reproduced at will with the following steps:
1. Create contract with Evergreen eligible yes
2. Book the contract
3. Bill the contract
4. Try to terminate it since it is past it's end date by running the terminate expired contracts program and it does not turn to evergreen
5. Termination transactions list the error above.
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