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Workaround for payment increase made during the month

in Lease Accounting 2 comments

Summary: Our client has requirement wherein they have payment increase being made during the month (for eg., 4th April). In this case system does not consider this increase in payment for 26days of April. Rather it starts payment increase for the immediate next month, i.e., 1st May in this example.

What is expected by business is that, system should take effect of this payment increase in same month (April). System should book calculation for 1st 4 days using the old payment & for remaining 26days using the increased payment & schedules should be amended accordingly.

Is this possible? If not, is there a workaround for this?

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