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Interest Calculation Is Not Correct If Payment Term Has Negative Amount (Doc ID 2650077.1)

Last updated on OCTOBER 26, 2020

Applies to:

Oracle Property Manager - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

On : 12.1.3 version, IFRS Compliance

ACTUAL BEHAVIOR
---------------
Interest amount calculated for negative payment term is incorrect
System is calculating / charging the whole cash amount as interest for each period

EXPECTED BEHAVIOR
-----------------------
Expect that the liability balance of term should be carried forward and interest amount

should get calculated based the liability balance

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Create a lease with negative payment
2. Finalize the lease
3. Check the interest calcualted. The whole cash amount is accounted as interest


Cause

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In this Document
Symptoms
Cause
Solution
References


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