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R12.PN: Rent Increase Escalation Created With a Futere Dated Transaction (Doc ID 2679983.1)

Last updated on JUNE 12, 2020

Applies to:

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

Symptoms


ACTUAL BEHAVIOR
---------------

Rent escalation revision accounting is not as user expected and it does not match with Lease Detail Report after rent escalation.
Revision event is generated with Transaction Date of 01-Jan-2021.

EXPECTED BEHAVIOR
-----------------------
Revision event should get created with the current / system date.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Log in with PN Responsibility
2. Created a lease with below details:

Commencement date - 1st Jan 2020
Termination date - 31-dec-2025
Finalized the lease

3. Created a rent increase agreement and finalized the rent increase. The
revision event is generated with ACD of 1st Jan 2021

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot have a correct reporting.

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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