To ensure that questions get required attention from community members and are NOT left unanswered, it’s important for the author to indicate (by selecting “Yes” or “No” when prompted) whether the question was answered. (newly added) Please note that it is also important to respond to EACH comment your question receives. Your Yes or No response ensures an accurate status for your question.
For more information, please refer to this announcement explaining best practices for getting answers to questions.
For more information, please refer to this announcement explaining best practices for getting answers to questions.
Lease Accounting
Discussion List
-
Unable to view Exempt Expenses Accounting in the lease Module after running Process Lease AccountingSummary: Unable to view Exempt Expenses Accounting in the lease Module after running Process Lease Accounting having Process Type as Accrual. we are getting like "Events… -
Unable to define "Property Type" having more then one 'Property Type Level' available for Leasing.Summary: We need to define a "Property Type" having multiple 'Property Type Levels' and ALL the 'Property Type Levels' should be available for Leasing. E.g. : Property-T… -
Lease interest accrual as periodic compounding rate - 24D new feature - is not working accuratelyHi All, We have enabled period compounding method for leases as per 24 D upgrade. We have below scenario for lease. Lease start date - 02 March 2023 Lease end date - 01 …
-
Debit Memo on Lease Termination but not credit memoSummary: When there is an amendment made in leases for early termination of lease, a contraction line created with negative value and when the payment are flowed to AP, …
-
what's the use case of Accrued Liability account in lease accounting?Summary: What's the use case of Accrued Liability account in lease accounting? Content (please ensure you mask any confidential information): Version (include the versio…
-
Unable to search for leasesSummary: Two questions: 1.I am unable to search for leases i created which are in Activated and working status. 2.Also is it possible to create a lease without adding as…
-
Creating Lease without AP Integration - Pros and ConsSummary: We are planning to implement Lease accounting and wanted to know some details before we can decide the best approach and industry standard to follow Do Oracle r…
-
How to create a Credit Memo for Revenue Lease ContractsSummary: Our customer is planning to use Revenue Lease. They have a scenario where Customer would be invoiced for 1 year rental. After that the customer pays only for 11…
-
Do we have Lease Accounting Configuration workbook and Testscript ?Summary: Hello Team, i just wanted to ask if there is an already seeded CWB & Test script for Lease Accounting module. Content (required): Version (include the version y… -
Can Oracle handle month-to-month (evergreen) leases? If so, how?Summary: We have instances where a lease contract has the option of going month-to-month (aka evergreen), where the payments will just continue on a monthly basis after … -
Reporting Lease balance in functional currencySummary: We are configuring the standard Lease accounting module for the customer and we need your help and support regarding the reporting of Lease accounting balance i…
-
Lease Accounting – Separate Gain and Loss Accounts for TerminationCurrently, lease accounting termination gain and loss accounts should be different. However, under the payment template, we can provide only one SLA, which is not workin…
-
Quarterly payment frequency but first payment not for full quarterSummary: I have a lease with quarterly payment frequency but the first quarter does not start on the first day, it should be prorated and the last quarter of the lease s… -
In lease accounting can we define different appoval cycles for create,amend, terminate leaseIn lease accounting can we define an approval cycle for creating the contract and define a different one to Amend the contract and define a different one for the termina…
-
Access Lease Details Report dataSummary: Access Lease Details Report data for custom report Content (please ensure you mask any confidential information): hello There is a need to access the Lease Deta…
-
How to process prepay invoices for leases from lease module?Summary: We need a solution where invoices can be generated by lease module prior to the start date of the lease? For example , we have a lease that starts at 01-Jan-202… -
On OPT-IN page there are 2 options to enable Lease Amortization Schedules Extract. Which one to use?Summary: In 25A, there is a new feature called Lease Amortization Schedules Extract. On New Features OPT-IN page there are 2 options to enable Lease Amortization Schedul…
-
how do we mark the payments as paid in Lease AccountingSummary: If we are not interfacing to Payables, how do we mark the payment lines as paid in Lease Accounting? Does the payment status have impact in the amounts/liabilit…
-
Tax Rate Codes are not selectable in the Upfront Tax section of the Expense Payment Template.I cannot select a Tax Rate Code in the Upfront Tax section of the Expense Payment Template. The Tax Rate Code is pre-set in "Manage Tax Rates and Tax Recovery Rates". Wh…
-
Oracle Lease Asset Number skippingHi, We are using Lease Asset Auto Numbering where the standard document sequence is in use. The first asset number generated as 1 and second asset 1001, and third 1002 a…
-
Why doesn't the "Upfront Tax" section appear in the Expense Payment Template in Lease Accounting?Why doesn't the "Upfront Tax" section appear in the Expense Payment Template in Lease Accounting? I have enabled the "Consumption Tax Management for Expense Lease" in th…
-
Migration from Property Manager to Fusion Lease AccountingSummary: I have to migrate leases from property manager to fusion lease accounting. By following the approach suggested by the oracle, we migrate the leases with closing…
-
Payment increase agreement for Revenue Leases.Summary: We have Payment increase template option at Expense leases, looking similar feature for Revenue leases so that the business could process lease contracts seamle…
-
When I create a lease in flag it as a migrated lease, what are the correct dates to use?Summary: My lease starts 1 Jan 2023 and I migrate the lease as at 31-Dec-2023, 1 Jan 2024. I create the lease with the proper term dates start date and end date as per t…
-
How to keep a track of Individual Assets in Fusion Lease Accounting ModuleSummary: We are procuring 1,000 laptops through a lease using the Lease Accounting module under equipment lease. We understand that in FLA, we need to create one asset w…
-
is there any setup for AR transaction type for revenue lease invoice?Summary: The oracle standard transaction type for revenue lease AR invoice is "ora_lease_invoice". We have 7 BUs in lease accounting module, like BU01, BU02…BU07. How to…
-
Lease invoice headers pulling abnormal amountsSummary: Our lease invoices are creating the correct line amounts, but abnormally large header amounts. For example, we generated invoices on a lease that has a base ren…
-
How expense leases with variable rental payments can be mapped in fusion lease accounting?Summary: I have a scenario at a client to process leases in the fusion lease accounting with variable rental payments. Payment frequency is monthly and rental payments a…
-
Adding new Field in a standard screen (there is no Dff)Hello Community, I have a requirement in the Lease Accounting module. On the Review Properties screen , I need to add a new column to the table highlighted in red. There…
-
Debit Rent account instead of lease clearing for invoices generated from Lease accountingSummary: We have a requirement where Rent account has to be debited in payable invoice instead of Lease clearing. Please suggest how we can achieve this requirement. If …