Option to Accelerate Amortized Fee Expense Streams on Termination
(Doc ID 2380441.1)
Last updated on FEBRUARY 27, 2019
Applies to:Oracle Lease and Finance Management - Version 12.1.3 and later
Information in this document applies to any platform.
Option to accelerate Amortized Fee Expense streams on Termination
Subsidy streams are inclusive of VAT.
Dependent stream for the Subsidy stream Subsidy Income is Inclusive of VAT and amortizing across contract term.
Requirement is VAT portion in Subsidy Income should be recognized as Expense whenever Income is accrued/recognized.
To recognize VAT portion as Expense defined new stream type with purpose "Amortized Fee Expense" and assigned as dependent streams to "Subsidy".
There is an option to accelerate Subsidy Income on Termination (Transfer Basis on Termination is set to Accelerate) and no option to Accelerate expense.
Whenever contract is terminated, VAT on Subsidy income should be accelerated similar to Subsidy Income.
Is it possible to extend expense functionality to other Amortized Fee Expense stream purposes by giving an option to accelerate on Termination?
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