ERE:Operating Lease - Operating Lease - Incorrect ROU and Liability When IDC is Added

(Doc ID 2383401.1)

Last updated on APRIL 06, 2018

Applies to:

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

Symptoms

In case of Initial Direct Cost for Operating Lease, RoU and Liability are not calculated as per expectations.

Since RoU and Liability are incorrect, it also results into incorrect accounting Entries in AM.

REPLICATION STEPS
=================
1. Add schedule annual1 with month 01 Jna, day of the month 1
2. Add lease operating and 2 Schedule of Payments : Base rent and Initial
Direct cost
3. Save lease and ROU and Present Value of payment are wrong

Cause

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