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    • Amend Payment Amount or End Date Best Practices

    in Lease Accounting 1 comment

    Summary: It appears that Oracle does not allow for amendments to the payment amount or the end date. Can you advise on best practices around this? We do have instances where there are amended contracts to extend out the term or increase the payment. Would we just create a separate payment for the incremental values? So, in that case, what if a payment reduces? Would we have to create a payment term at a negative amount?


    Content (please ensure you mask any confidential information): Amendments


    Version (include the version you are using, if applicable): 24D



    Code Snippet (add any code snippets that support your topic, if applicable): N/A

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