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R12. PN: IFRS - Wrong Termination Event Date and Value for Future Termination (Doc ID 2489729.1)

Last updated on JULY 23, 2019

Applies to:

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

Symptoms

 After IFRS16, if lease termination date is changed but yet the new termination date is in the future,
the termination event is created with event date = sysdate and the SLA amount = 0 for ROU assets and Liability.

Example: Lease number 23416
Lease commencement date = 22-Sep-2018
Lease termination date = 21-Sep-2023
New Lease termination date = 31-Dec-2022

The streams calculation is correct but the accounting entry is wrong for termination event.

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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