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When an index adjustment occurs between 2 payments (example, two payments - in avance - occur 01/01/2023 and 04/01/2023, and adjustment date is 03/01/2023), we would like to have the option to apply the adjustment to the period between adjustment date and following payment date for payments in advance (based on the example, from 03/01/2023 to 03/31/2023), or to deduct from the adjustment amount the period between previous payment and adjustment date for payments in arrears.
Today, the adjustment amount calculated in the IAC is applied in totality to the payments that occur after the adjustment date.
Idea priority | High |
Needed By | Yesterday (Let's go already!) |
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The development team believe that this a very complex enhancement as it would impact many calculations and fields. We just recently released a large number of enhancements related to payment adjustments and do not have any plans to do any additional work in this area in the foreseeable future. However we have included the idea under future consideration.
Thank you for submitting this idea. Reviewing with our development team. My need some more information which may include an excel example of the expected result. Will set up a conference call to discuss after initial review.