Lease and Finance Management - EBS (MOSC)

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Impact of upgrade scripts on "In Progress Rebook Transactions and Termination Quotes"

edited Aug 31, 2016 5:00AM in Lease and Finance Management - EBS (MOSC) 2 commentsAnswered

We see that as per the Upgrade guide, the impact for OLFM for rebook transactions and termination quotes is written as follows :

"Upgrade Contracts and Transactions

Upgrade existing contracts to assign default value for 'Tax Schedule Applies' Flag. The
value is defaulted from system options setup defined for contract's Operating Unit.
Cancel all Rebook transactions that have not been completed. Cancel all termination
quotes in draft, rejected, and submitted status.
Set TAX_INVOICE_YN flag on the transaction types table to 'Y' for the following
transaction types:
  Release Billing
• Release Credit Memo
• Rollover Billing
• Rollover Credit Memo"

We do see recommendations for Receivables, Payables and GL, however not for these business impacts. We would like to understand what is the recommended action to avoid this business impact as part of the Pre upgrade steps .

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