Accrued Fee Income Streams are not Generated for Rollover and Financed Fees
Last updated on APRIL 05, 2018
Applies to:
Oracle Lease and Finance Management - Version 12.2.3 and laterInformation in this document applies to any platform.
Symptoms
On : 12.2.3 version
ACTUAL BEHAVIOR
---------------
A Fee Payment stream has been defined for Financed and Rollover Fees.
An Accrued Fee Income stream has been associated to the Fee Payment stream in the Stream Generation Template.
This Stream is also listed on the Streams to Accrue tab in the Product setup.
However, when these Fees are used on contracts, no Accrued Fee Income stream is generated.
EXPECTED BEHAVIOR
-----------------------
Expect that with this setup an Accrued Fee Income stream would be created when Pricing the contract.
STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Define a Fee Payment Stream Type to be used for Rollover and / or Financed Fees.
2. Add this new Stream to the Stream Generation Template.
3. Add an Accrued Fee Income stream as a dependent to this new stream in the Stream Generation Template.
4. Add the Accrued Fee Income stream to the Streams to Accrue tab in the Product setup page.
5. Create a contract using the Financed or Rollover Fee.
6. Price the contract, no Accrued Fee Income stream is generated for these Fees.
BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot accrue this Fee income as required.
Changes
Cause
Sign In with your My Oracle Support account |
|
Don't have a My Oracle Support account? Click to get started |
My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms