How to set up annual CPI increase for an Expense Lease

Summary:

We have tried to configure a CPI rent increase on an expense lease but getting undesireable results. Could someone please indicate where we have gone wrong or provide a step by step guide of best practice to set this up? Documentation on this is very hard to find and Oracle document is next to nothing for set ups.

Content (please ensure you mask any confidential information):

Step 1: Set up Expense Agreement Template (CPI Increase)

We set up Rolling Index so that we can index the CPI each year for calculation.

Step 2: Set Up Payment Index (CPI 2)

Step 3: Create Lease and apply Payment Increase Agreement