Service Contract Schedule Yearly Settings Next Execution Date seems incorrect

​@dcomerford 

• The Next Execution Date is determined by applying the recurrence pattern on Last Generated (if available); otherwise, it is based on the Start Date.

• If the next execution date falls on or after the Start Date within the same year, the system calculates and displays it for that year.

• If no valid recurrence date exists within the same year, the system calculates it based on the recurrence pattern, moving to the appropriate future year.

Case 1

Start Date: 12/1/2025
Recurrence: Every 2 years on August 1st

1. Check if there is an August 1st in the same year (2025) that falls after the Start Date (12/1/2025).

   • No → August 1st, 2025 has already passed.

2. Move to the next valid cycle → since recurrence is every 2 years, the next eligible date is 8/1/2027.

3. Next Execution Date = 8/1/2027

Case 2

Start Date: 1/1/2026
Recurrence: Every 2 years on August 1st

1. Check if there is an August 1st in the same year (2026) that falls after the Start Date (1/1/2026).

   • Yes → August 1st, 2026 is valid.

2. Since it’s within the same year, no need to skip ahead.

3. Next Execution Date = 8/1/2026 

Note

If the recurrence month/day hasn’t passed yet in the Start Year, the system picks that year.

If it has already passed, the system jumps ahead by the recurrence cycle (e.g., +2 years).