My Oracle Support Banner

Lease Payment Calculation Adjustment (Doc ID 2629876.1)

Last updated on JULY 21, 2020

Applies to:

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


The lease payment schedule and amount are calculated based on lease start/end date and Payment Frequency. The beginning and ending payment are prorated on 365 days. For example, $500 per month payment over 3 years should total $18,000 but the system calculates $18,016.67. How to adjust the calculated amount so the total adds to $18000?


To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!

In this Document

My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.