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Implicit Interest Rate Changes After Partial Termination Of Asset (Doc ID 2810751.1)

Last updated on SEPTEMBER 29, 2021

Applies to:

Oracle Lease and Finance Management - Version 12.2.7 and later
Information in this document applies to any platform.

Symptoms

On : 12.2.7 version, Asset Management

ACTUAL BEHAVIOR
---------------
In Lease Management, the Implicit Interest Rate changes after Partial Termination of asset


EXPECTED BEHAVIOR
-----------------------
The expectation is Implicit Interest Rate should remain the same

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Lease Super User > Book Contract with 2 assets . Make a note of contract IIR
2. Create partial termination and terminated one asset
3. The IIR changes


Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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