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ELA:Monthly Lease Interest And ROU Reduction For Non-Monthly Lease Payments (Doc ID 2480009.1)

Last updated on MARCH 12, 2021

Applies to:

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

Symptoms

On : 9.2 version, 2.1 Setup

ACTUAL BEHAVIOR
---------------
Multiple Pay Groups ROU Calc

When there are multiple pay groups that do not start at the beginning of the Lease Start date, then the resulting ROU / Lease Liability calculations are not correct.
The calculation assumes that the 2nd Pay Group starts at the beginning of the Lease Life.

EXPECTED BEHAVIOR
-----------------------
The resulting ROU is not correct. The calculation is assuming that Payment Group 2 begins Jan 1 2019 instead of Jan 1 2020.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. create lease with Commencement 01/01/2019 and Termination 31/12/2020
2. Create Base Rent 01/01/2019 - 31/12/2020 Group1
3. Create Base Rent 01/01/2020 - 31/12/2020 Group 2 has a start date later than the lease start date



Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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