ERE: English Quarter Schedule - Prorations And Escalations, note that proration will not be performed for this financial term (18157,201) (Doc ID 1939131.1)

Last updated on MAY 16, 2016

Applies to:

PeopleSoft Enterprise FIN Real Estate Management - Version 9.2 and later
Information in this document applies to any platform.

Symptoms

When using the English Quarter Schedule, the system does not prorate (receive information message that this is due to it being a user defined schedule), and escalations do not carry over to the transaction.

ERROR
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warning - Please note that proration will not be performed for this financial term (18157,201)
The schedule you have selected is User Defined and therefore 360/365 days proration cannot be performed


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

1.  Setup the Detail Calendar
2. Setup Schedules
3. Create a Lease with this new calendar
4. Activate the Lease and run the transaction Generator to view the payments.
 


Cause

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