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

Last updated on JUNE 29, 2024

Applies to:

Symptoms

ACTUAL BEHAVIOR
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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, which is not system date and is incorrect.


STEPS
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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
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The issue has the following business impact:
Due to this issue, reporting is incorrect.

Cause

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