ELA: Non Financial Amendment Is Changing The Straight Line Amounts Of The Lease
(Doc ID 2343271.1)
Last updated on FEBRUARY 08, 2019
Applies to:PeopleSoft Enterprise FIN Lease Administration - Version 9.2 and later
Information in this document applies to any platform.
A Lease was created on 09/21/2017 with 09/01/2017 as the commencement date. A Non Financial Amendment was created on 09/21/2017 by including a new clause. None of the financial terms were changed. Once the ‘Generate Straight line accounting’ process was run, the Straight line amount and the ‘Accr/ Defer’ were changed. The period ratio for 2017 period 9 was changed from 1 to 0.3333.
Non financial amendments have been added to a majority of our leases in Production. The ‘Generate Straight line accounting’ process has changed the amounts that will hit the GL from Lease administration for the month of September.
Please let us know why the Straight line amounts and 'Accr / Defer' are getting changed after a non financial amendment is created.
It is expected that adding a non financial clause will not change the the financial terms.
This issue can be replicated by performing the following steps:
1) Create a Lease.
2) Generate straight line schedule.
3) Add a non financial amendment.
4) Generate straight line schedule.
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