Insurance Not Aligning With Contracts Having Last Day Of Month As Start Date And Billing In ARREARS
(Doc ID 2638873.1)
Last updated on JULY 14, 2020
Applies to:Oracle Lease and Finance Management - Version 12.2.3 and later
Information in this document applies to any platform.
On : 12.2.3 version, Billing Modules
Insurance not aligning with contracts having last day of month as start date and billing in ARREARS
Insurance receivable payments are not aligning with rent for contracts having last day of month as start date and billing in ARREARS, when insurance policy is created after booking.
After a rebook or cancel and create policy which is set to bill on the last of the month, INSURANCE RECEIVABLE streams should be aligned with rent as in booking.
The issue can be reproduced at will with the following steps:
1. Create a contract with start date as last date of the month with insurance. Book it.
2. Perform a rebook or cancel create insurance policy which is set to bill on the last day of month.
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