Evergreen Billing Program Deriving Incorrect Stream Date
Last updated on MAY 17, 2018
Applies to:Oracle Lease and Finance Management - Version 12.2.4 and later
Information in this document applies to any platform.
On : 12.2.4 version, Billing Modules
Scenario 1 :
Evergreen billing program is deriving the stream date based on the date of previous stream. It is not adding frequency to the last billed stream date directly.
In this scenario next stream expected was 31-MAR-2017 but Evergreen billing program is deriving it as 28-MAR-2017.
It happens when the last billed period is 30-JUN-2017 it derives next bill date as 30-JUL-2017 instead of 31-JUL-2017
Scenario 2 :
Evergreen Lease contracts that are in Arrears billing on the last day of the month
Internal Arrears Payments on the stream generation templates is set to "First Day of Next Period".
The streams are generated with stream element date as 1st of every month until the contract is in evergreen status.
Once the contract is converted to evergreen status, streams are generated with the stream element date as "Last Day of the Month".
This is causing confusion to our customers and disrupting the billing flow.
Scenario 1 : Next stream expected was 31-MAR-2017 but Evergreen billing program is deriving it as 28-MAR-2017
Scenario 2 : When the contract goes to evergreen status the streams should be generated using the setting "First Day of Next Period" as setup in the stream generation template.
1. Select a contract having evergreen streams date on 30/31st of the month
2. Run Evergreen Billing Program to generate evergreen streams
3. Check the streams generated date.
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