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Asset Leases: Wrong Interest Calculated For Variable Payment Type In Lease with Payment Option In Advance (Doc ID 2725007.1)

Last updated on NOVEMBER 02, 2020

Applies to:

Oracle Fusion Assets - Version 11.12.1.0.0 and later
Information in this document applies to any platform.

Symptoms

Wrong Interest is getting calculating under amortization schedule for "Variable Payment" type in Lease.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:

1) Created a new lease.

2) Selected Payment Option = In Advance and populated amount under variable payment type.

3) Click Generate Schedules button.

System does not seem to be calculating correct interest for variable payment type for the 1st month (see no interest rate in UI).

 

Changes

 no changes

Cause

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In this Document
Symptoms
Changes
Cause
Solution


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