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Incorrect ROU(Right of Use) and Liablity Calculation Due To Difference In IRR (Internal Rate of Return) and Discount Rate Index (Doc ID 2662970.1)

Last updated on APRIL 28, 2020

Applies to:

Oracle Property Manager - Version 12.1.1 and later
Information in this document applies to any platform.


Current Behavior
Whenever there exists mutltiple rates exists under a Discount Rate Index (DRI), rate considered as per payment term start date
The Report From Inception is checked on payment term.
Note: This can be observed when there is notable difference in IRR and DRI from Lease Details report output

Expected Behavior
The Rate should be considered as per Lease commencement Date

Steps to reproduce:
Define multiple Rates under DRI

01-Jan-2016 - 8.5
01-Apr-2020 - 9.15

Create Lease with commencement Date : 01-Jan-2019
Payment term should have Report from Inception option is enabled.

Finalize the Lease.
From Lease Details report, observed that 9.15 rate is considered for calculations.


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