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Renewal Pricing - Unable to Calculate the Rate. Total of Payments Exceeds the Investment Amount(0) (Doc ID 2629907.1)

Last updated on APRIL 30, 2020

Applies to:

Oracle Lease and Finance Management - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

On : 12.1.3 version,

In Lease Management, Renewal Pricing fails for Renewal Quote having assets with zero Renewal Cost

ERROR
-----------------------
Unable to calculate the rate. Total of payments (100) received prior to the Contract Start Date exceeds the investment amount (0)

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Select a contract with evergreen status. The asset should have been fully depreciated in fixed asset i.e total cumulative depreciation is equal to total cost
2. Create a Renewal Quote Effective from today
3. Add the assets to the renewal quote
4. Notice that Asset cost would have defaulted to zero
5. Enter Pricing information - 12 months of $100 each
6. Validate & Price.
7. You would encounter the above error



Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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