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IFRS : Negative Days and Lease PV If Leases Is Created/Amended other than On 1st Day Of The Month (Doc ID 2483682.1)

Last updated on DECEMBER 03, 2019

Applies to:

Oracle Property Manager - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

On : 12.1.3 version, IFRS Compliance

ACTUAL BEHAVIOR
---------------
When create a Lease with commencement date as mid if the Month EX:20th Nov 2018 - the days are negative for the first period and lease Present value is also negative. 

EXPECTED BEHAVIOR
-----------------------
Present value and Days should be correct for mid month lease commencement date for amendment

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Perform the lease amendment with commencement date of mid month

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot confirm that the functionality is working

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
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References


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