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Remaining Allocated Line Estimate was Showing Incorrectly for Future Pay Receipts (Doc ID 2642263.1)

Last updated on FEBRUARY 25, 2020

Applies to:

Oracle Lease and Finance Management - Version 12.2.5 and later
Information in this document applies to any platform.

Symptoms

On : 12.2.5 version,

ACTUAL BEHAVIOR
---------------
Find that a future pay receipt is created. A portion of a receipt is allocated to a contract with a stream and another portion is allocated to the same contract with no stream. When the sweep depletes the allocation to the line with a stream, the remaining portion should go against the allocation with no stream. What is happening is that the entire invoice is being deducted from the allocation with no stream. This is causing the understatement of the Remaining Allocated Line estimate for the allocation with no stream. As a result, the following columns display incorrect numbers: Applied Line, Applied Tax, Remaining Allocated Line and Remaining Allocated Tax Estimate.

Another issue is that word "Remaining" is misspelled on the screen where its shows "Ramaining" under the Allocated Tax Estimate column.

EXPECTED BEHAVIOR
-----------------------
Expect when the sweep depletes the allocation to the line with a stream, the remaining portion should go against the allocation with no stream accurately.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Create a lease contract
2. Book the contract
3. Bill up to future periods
4. Pay all invoices and leave a few months rent open
5. Navigate to Operations >> Receipts >> create a future pay receipt and apply
6. In the cash allocation section, choose the contract from step1 and allocate some to stream RENT and allocate some amount to the same contract with no streams
7. Apply
8. Run Future Pay Cash Sweep with parameters specifying the contract number and customer number
9. Examine the output
10. Go back to Operations >> Receipts and query the same receipt and look at the following column amounts for the allocation with no stream:
Applied Line, Applied Tax, Remaining Allocated Line and Remaining Allocated Tax Estimate.

Cause

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In this Document
Symptoms
Cause
Solution
References


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