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The Salvage Value Cannot Be Greater than the Net Book Value Error During Terminate Expired Contracts for Partial Unit Termination (Doc ID 2420149.1)

Last updated on FEBRUARY 23, 2024

Applies to:

Oracle Lease and Finance Management - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

On : 12.1.3 version, Asset Management

Terminate Expired contracts for Partial unit termination for evergreen contracts errors out with the following:

ERROR
-----------------------
The salvage value cannot be greater than the net book value for contract


STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Create a Partial unit termination without purchase quote for an evergreen contract
2. Process the quote as per Termination flow which includes - Approve the quote, Accept it, Clear outstanding Receivables, complete the asset Return Request
3. Run Terminate Expired Contracts program

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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