Disburse Residual Value to Investor when asset has been remarketed
If the RV of an asset is part of an investor agreement and the asset is terminated without purchase and sold at a later date through the remarketing process, when are the proceeds of the sale disbursed to the Investor?
I have created an investor agreement where the Residual Share is 100% and the Payment Event is billing. I terminated an asset and then sold it via the remarketing process in OKL/OM and generated an invoice for the sale in AR.
I was expecting to see a Investor Residual Payable stream when the invoice for the sale of the asset was created, but I have not seen one. At what point should the sale of the returned asset be disbursed to the Investor?