ERE: New Proration Methods (Doc ID 1915268.1)

Last updated on SEPTEMBER 05, 2017

Applies to:

PeopleSoft Enterprise FIN Real Estate Management - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.

Goal

System currently only allows for proration methods of : None, 360-day, 365 - day.

Need additional methods for proration such as current period. Leases can be prorated based on a particular period - month, quarter, English Quarter, Scottish Quarter, etc.

System cannot calculate accurate prorated rent amounts if the lease states that the proration is based on the current period. This will require a manual adjustment of the rental amount.
 

Solution

Sign In with your My Oracle Support account

Don't have a My Oracle Support account? Click to get started

My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms