Known Limitations in Nakisa Real Estate

The following table lists the known limitations for Nakisa Real Estate that may be considered in future major and minor releases. (Note that patch releases deliver bug fixes only, and are not considered to be minor releases.)

Reference Number

Description

ML 02

The CAM and Reconciliation module currently only uses the location's default currency for calculations, even when there are multiple currencies associated to the lease.

ML 06

The Percentage Rent Report currently calculates amounts under the assumption that all amounts are in the same currency. As a result, amounts in the report may be inaccurate.

MO 72

When Nakisa Real Estate is operating as an IFRS 16/ASC 842 compliant solution, and the user performs a casualty event in Nakisa Lease Administration, the casualty term does not appear in the Rent Table. To avoid discrepancies in information, users should avoid performing casualty events in Nakisa Lease Administration. Note that the scheduled payments are correct.

MO 79

When Nakisa Real Estate is operating as an IFRS 16/ASC 842 compliant solution there may be a display issue in the Rent Table in the following scenario: there is an activation group level event in Nakisa Lease Administration that is not a Terms and Conditions Reassessment, which splits an existing term and adds a new one (e.g., for a casualty event).

In this case, the Rent Table is not properly updated with the new dates and term. Note that the scheduled payments are correct.

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