How To Create A Payment Stream With Distribution Similar To Pre-Tax Income for an Asset?
(Doc ID 2579724.1)
Last updated on AUGUST 21, 2019
Applies to:Oracle Lease and Finance Management - Version 12.1.3 and later
Information in this document applies to any platform.
The requirement is to have the Income of a payment distributed as Pre-Tax Income (Dependent Stream of Rent) is distributed for Rent.
The requirement would be met by allowing two Rent Payments for one Asset, however, that is not currently allowed in Lease Management.
Several types of Fees have been tested to meet this requirement, such as Income Fees and Insurance.
For Insurance the Income is distributed on a straight line basis, which does not meet the requirement.
For an Income Fee the Income is distributed as required, however, these Fees cannot be linked to the Assets.
How can we have a Fee linked to an Asset that will distribute Income as it is distributed for Pre-Tax Income?
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