IDC Calculations - LP vs ASPIRE

See the attached document for complete details. 

The attached document Here is a quick rundown of the differences between IDC calculations as they were handled in LP versus ASPIRE.

The ASPIRE v5 IDC items are configured to use the Effective Interest Method which creates an amortization schedule of each IDC item and subtracts the interest in that amort from the customer facing interest amount per period to calculate the IDC accumulation per item.

The LeasePlus IDC accumulation was previously configured in environments to accumulated expense consistent with contract earnings. This essentially created a proration percentage each month and applied it to the remaining IDC balance. 

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