add Period Compound Interest to Interest Calculation Methods
Organization Name (Required - If you are an Oracle Partner, please provide the organization you are logging the idea on behalf of):
Clayton Homes
Description (Required):
Currently only "Daily Compound Interest" is available as value for Interest Calculation Method. Using this method for conversions of leases causes variations if legacy system had "Period Compound Interest"
Use Case and Business Need (Required):
Need "Period Compound Interest" for lease conversion to avoid variances between legacy and Oracle Lease Accounting.
For example 10 month lease at 10% rate with $1000 payment will have 3 cents variance
Enhancement Request / Service Request:
0