Error: Transactions exist in Fixed Assets for quoted assets on or after the Termination Quote Effective From date

(Doc ID 2384541.1)

Last updated on APRIL 10, 2018

Applies to:

Oracle Lease and Finance Management - Version 11.5.10.2 to 12.2.7 [Release 11.5 to 12.2]
Information in this document applies to any platform.

Symptoms

On : 11.5.10.2 version, Asset Management

When trying to Book a contract associated to a Rollover Quote with Purchase, or upon acceptance of quotes for other buyout (With Purchase) scenarios, the following error is received:


ERROR
-----------------------
Transactions exist in Fixed Assets for quoted assets on or after the Termination Quote Effective From date (some date). Please create your Termination Quote with a Quote Effective From date after (another date).

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Book a contract that is Evergreen eligible.
2. Process Billing, Accruals, etc. for the Base Term.
3. Run Terminate Expired Contracts to get the contract into an Evergreen Status.
4. Create a Termination / Rollover Quote with Purchase using an effective date that
  within the Base Term of the contract.
5. Accept the Quote / Attempt to Book the Rollover Contract associated to the
  Rollover Quote.

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot process these quotes using the desired dates.

Changes

 

Cause

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