Amortization Is Incorrect When Using Lease Options
(Doc ID 2609981.1)
Last updated on OCTOBER 27, 2020
Applies to:
Oracle Property Manager - Version 12.1.3 and laterInformation in this document applies to any platform.
Symptoms
ACTUAL BEHAVIOR
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Incorrect amortization amount is calculated while using the lease options and Amortization amount is not getting extended until the termination option
EXPECTED BEHAVIOR
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When ever there is early termination options within the span of the lease system should amortize till the termination option end
date based on profile option 'PN: Consider Termination And Renewal Options into ROU Amortizations' ( if option is not in cancelled status).
STEPS
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The issue can be reproduced at will with the following steps:
1. Create the leases with options
2. Finalize the lease
3. Run the lease detail report
Changes
Cause
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In this Document
Symptoms |
Changes |
Cause |
Solution |
References |