Property Manager - EBS (MOSC)

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Accrued Liablity account is split

edited Mar 1, 2016 1:14PM in Property Manager - EBS (MOSC) 1 commentAnswered

Hi,

I have created a 3 year expense Lease with a 10% yearly escalation in Property Manager with the following information:

Commencement: 01-NOV-2013

Termination: 31-OCT-2016

Lease Term: 3 years ; 0 Months

Year 1:

Monthly installments = 5000 (5000 * 12 = 60 000 annually)

Year 2:

Monthly installments = 5500 (5500 * 12 = 66 0000 annually)

Year 3:

Monthly installments = 6050 (6050 * 12 = 72 600 annually)

Lease Total = 198 600

As my base rent is normalised, there is a average calculated by Oracle of 5516.66 per month (Lease Total of 198 600 / 36 months = 5516.66)

After I run "Transfer Normalized Lines to GL", I then run create accounting and transfer to GL:

My issue is that at this stage, Oracle splits the Accrued Liability and Expense into the 3 following lines on the Journal:

Line   Account                                                                                DR                       CR

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