My Oracle Support Banner

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.

Symptoms

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

Ex:
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.

Cause

To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!


In this Document
Symptoms
Cause
Solution
References


My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.