3067937 - Lease Posting Run Message to Close Lease Contract - As per data selection, there is nothing to process for initiation run

You execute a Lease Posting run selecting the Closure control parameter. The information message "As per data selection, there is nothing to process for initiation run" is raised.

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1. In the Lease Contract Management work center go to the Lease Posting Run view. 
2. Select lease posting run XXX and in the Log Details section press View (XXX represents the lease posting run ID). 
3. In the Messages tab, the information message "As per data selection, there is nothing to process for initiation run" appears.  However, all lease contracts in the run are released.

The lease contract(s) to be closed are not closed yet.

Before executing the Lease Posting run for the final closure postings of a lease contract and to retire the connected Right of Use asset, the respective lease contract must be closed.

Please note:

A contract can be closed if it has reached its end date and all the payment schedule and cash flow lines have reached their final statuses across all versions of the contract. It means that there’s no payment schedule that hasn't been invoiced and there’s no cash flow that hasn’t been posted. When all these conditions are met, the Close action gets enabled in the latest released version of the contract. You can then close the contract. No further actions can be executed on a closed contract.

To close a lease contract

Lease Contract Quick Guide

Lease Posting Run, IFRS16, Expense Lease, Closure Run , KBA , AP-ACC-LM , Accounting Lease Management , Problem