My Oracle Support Banner

Mediterranean Banking Compliance: Splitting of Lease Payments into Principal and Interest (Doc ID 2985540.1)

Last updated on NOVEMBER 06, 2023

Applies to:

Oracle Lease and Finance Management - Version 12.2 and later
Information in this document applies to any platform.

Symptoms

Mediterranean Banking Compliance requires splitting of Lease Payments into Principal and Interest and invoice and account for these instead of Rent for Direct Finance Leases and Sales Type Leases with following attributes matched.

  •Interest Calculation Method: Fixed
  •Revenue Recognition Method: Streams
  •Pricing Engine : External

Changes

 

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
Changes
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.