How to split rent amount in Principal and Interes for DF Lease
Hi,
We are using Oracle Lease and Finance Management (DF Leases) R12.1.3.
We have done all the setup required in the implementation/user guide but we are facing a issue with the Transaction (Invoice) that comes to Receivables from OKL.
In the transaction lines the amount which comes from OKL has only two lines:
- one for the Rent
- one for the Tax.
But we expect the the rent amount should be split into:
Interest and Principal.
And the TAX should be calculated only for Interest line not for Principal.
We followed the document 'Functional FAQs on Oracle Leasing and Finance Management (