ELA: New Payment Schedule For Step Lease Not Calculating Interest Correctly

(Doc ID 2306781.1)

Last updated on SEPTEMBER 12, 2017

Applies to:

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

Symptoms

AMLSESCH is not creating the expense schedule correctly for a step lease when using a new payment schedule.

EXPECTED BEHAVIOR
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Expecting the expense schedule to have 12 payments per year, but only 6 are created.

Replication
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1. Create a payment schedule
2. Create a step lease.
3. Run the Create Expense Schedule (AMLSESCH)

Cause

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