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Novation scenario

Former Member
0 Kudos

Hi everyone,

i having a problem with novation.

scenario:

partner tab

tenant A - 22.02.2011 (end)

tenant B - 23.02.2011 (start)

posing parameter (posting)

2 time interval

tenant A end on 22.02.2011

tenant B start on 23.02.011 - end of contract

condition (we have posted the entry till (end of Aug)), after all the changes made on the top. we try to simulate to ensure the entry prior to Aug are reversal.

entry during simulation:

base rent 3000 to tenant A

base rent -3000 to tenant A

base rent 642 (pro rata for 23.02.2011 to 28.02.2011) to tenant B

base rent 3000 to tenant B ( this is the extra posting that i am getting and i dont understand why)

please kindly help. Thanks in advance

Regards,

John

Accepted Solutions (0)

Answers (1)

Answers (1)

Former Member
0 Kudos

Hi,

Two quries is the month august or feb as the dates are for Feb and also why are you reversing the earlier entries.

Former Member
0 Kudos

Hi,

the accounting entries that were already posted to Aug is booked for tenant A not B. tenant B took over the lease after 23.02.2011 to 31.12.2015

Regards,

John

Former Member
0 Kudos

Hi,

Some more clarification on the simulation scenario

base rent 3000 to tenant A (Already there for feb)

base rent -3000 to tenant A (Reversal entry for feb in august)

base rent 642 (pro rata for 23.02.2011 to 28.02.2011) to tenant B

base rent 3000 to tenant B (New entry for feb in august)

Is the understanding correct.

Regards,

Deepak

Edited by: deepak mahto on Sep 15, 2011 2:27 PM

Former Member
0 Kudos

Hi,

base rent 3000 to tenant A (Already there for feb)

base rent -3000 to tenant A (Reversal entry for feb in august)

base rent 642 (pro rata for 23.02.2011 to 28.02.2011) to tenant B (posting in Aug)

base rent 3000 to tenant B (New entry for feb in august)

yes. that is correct.

Regards,

John

Former Member
0 Kudos

Hi John,

Plz check your reference flow type settings in the configuration. This problem may be because of reference flow type assignments.

Regards,

Deepak

Former Member
0 Kudos

hi,

the last entry should be for 2358 for tenant A, instead of 3000 to tenant B.

Regards,

John