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ROU does not include prepayment amount (Doc ID 2551145.1)

Last updated on JULY 23, 2019

Applies to:

Oracle Property Manager - Version 12.1.1 and later
Information in this document applies to any platform.


Payments prior to Lease Commencement Date/first day of the lease or payment in advance may need to be included only into ROU calculation. Lease Liability is not created for these payments as the payments are made in advance and there is no liability existing for these payments:

Existing “prepayment’ functionality is not meeting IFRS requirement of selective ROU/Liability capitalization. Due to a bug, Lease Detail Report is also not capturing correct numbers


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