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ER : NO GAIN AND LOSS WHEN LEASE TERMINATION & COMMENCEMENT DATE IS SAME (Doc ID 2684961.1)

Last updated on JUNE 26, 2020

Applies to:

Oracle Property Manager - Version 12.1.1 to 12.2.9 [Release 12.1 to 12.2]
Information in this document applies to any platform.

Goal

 ENHANCEMENT REQUEST DESCRIPTION
===============================
When the lease is terminated with same date as lease commencement date,
system still accounts one day ROU & liability balances as well as the cash
amount.

As per customer expectation, when they want to terminate the whole lease,
there should not be and gain / loss amount getting calculated and system
should reverse the whole ROU & liability balance which was booked during
booking transaction

BUSINESS NEED
=============
When the lease is terminated with same date as lease commencement date,
system still accounts one day ROU & liability balances as well as the cash
amount.

As per customer expectation, when they want to terminate the whole lease,
there should not be and gain / loss amount getting calculated and system
should reverse the whole ROU & liability balance which was booked during
booking transaction

Solution

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In this Document
Goal
Solution
References

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