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Lease Accounting
Discussion List
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GASB 87 compliance for Lease Accounting moduleSummary: Our client is a public sector entity and they need to conform to the GASB 87 compliance for their leases. Does Oracle Lease accounting support GASB 87 complianc… -
payment schedule is JUL-24 but AR invoice accounting period is Jun-24Summary: The AR transaction date is same as Jul-24 but Accounting date is still Jun-24 in AR. Can the Accounting date same as transaction date? Or same as its lease paym…
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Can Lease Accounting handle Intercompany transactionSummary: Can Lease Accounting handle Intercompany transaction Content (required): One of the requirements from our client is the ability to handle intercompany transacti…
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How Inventory item selected in Equipment Lease impact the LA generated invoice and following AccountAfter adding an item for a equipment lease, the item information cannot be pass to AP by default. May I know whether this is expected? Lease Contract: AP invoice generat…
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is there any prerequisite setup for auto numbering of expense and revenue lease?Summary: is there any prerequisite setup for auto numbering of expense and revenue lease? The setup need to be done before we enable on system option. Content (please en…
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Is Milestone feature available for Revenue LeaseSummary: Is Milestone Feature available for Revenue Lease? If Yes, how would the notification will be sent to the customer? Content (please ensure you mask any confident…
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Payment Increase : Contigent and Non ContigentSummary: Content (required): If a lease is subjected with Payment Increase and later if we are doing an amendment then I see we can mark the amendment either as Contigen…
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What is the difference between Finance and Operating Lease as Accounting Classification?We need to understand the difference between Finance and Operating Lease as Accounting Classification when creating a lease - in terms of lease calculations and also acc…
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Is it possible to default the asset location to be same as BU location?Summary: Is it possible to default the asset location to be same as BU location? Content (please ensure you mask any confidential information): Version (include the vers…DL003 21 views 1 comment 0 points Most recent by Alvaro Montenegro- Product Management at Oracle-Oracle
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Is it possible to change a migrated lease balance, after the lease has been entered into the module?Summary: While creating a lease for a new acquired entity we have entered a ROUA balance for a migrated lease under IFRS16 and we want to be under ASC842, so that is why…Arjunayan 41 views 4 comments 0 points Most recent by Alvaro Montenegro- Product Management at Oracle-Oracle
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Not able to import properties - You must provide a valid location for the property.I have tried adding the location code/ location name attained from manage locations but system not accepting this. -
what roles are required to create new lease approval rules?Summary: what roles are required to create new lease approval rules? Cannot find the “Create” button on my existing roles of lease BPM workflow. Content (please ensure y…
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How to create Non Lease Expense Payments ?Summary: Content (please ensure you mask any confidential information): Version (include the version you are using, if applicable): Code Snippet (add any code snippets t…
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Revenue Lease PropertiesSummary: When creating a Revenue Lease Asset, a Property is mandatory. Are there any instructions on how to create the Properties? I see that you can use the FBDI and I …
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Forex Lease Accounting for Termination is happening at termination date exchange rateLease Booking Exchange Rate = 4 Termination Date Exchange Rate = 3.5 HI All, We have booked new lease at 4 Exchange Rate and ROU and lease liability is caluclated at tha…
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Short term and low values leases to be maintained without creating an asset and accountingSummary: Is it possible to created short tem and low values leases without creating an asset for that lease. Content (please ensure you mask any confidential information…
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Where does the Asset Location LOV come from?Summary Where does the Asset Location LOV come from?Content Hi, We are starting to use Lease Accounting. When creating the Lease, there is an asset tab. Under the Asset …
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Mapping account segment to asset locationSummary: In Mapping Sets, we're trying to derive an account segment from the lease asset location. We're not finding the location under lease accounting sources. Any ide… -
cannot select any BU from BU LOV.Summary: Navigate to Create Discount Rate Index, click New to create discount rate index, but cannot select any BU from BU LOV. Note: AP Invoice Options setup completed.…
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Please does someone know what roles I should assign to run the report "Plan de cuentas para Mexico"?Summary: Financials for mexico Content (please ensure you mask any confidential information): Please i need assign the roles to user for run "Plan de cuentas para Mexico…
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Can lease payment be initiated from lease accounting instead of AP?Summary: Can lease payment be initiated from lease accounting instead of AP? Content (please ensure you mask any confidential information): Version (include the version …
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Looking for Lease Accounting System ImplementersSummary: Looking for suggestions from the Oracle Customer Community on experienced system implementers (SI) you'd recommend who have helped you successfully implement Or…
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LEASE ACCOUNTING :Issue Cannot make Payment Template Distribution Code View ONLYHello, We have identified an issue where we are unable to set the distribution code of payment templates to be view-only, as per the client's requirement. When creating …
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In Lease Accounting FBDI, under Assessment Periods duplicate assessment date not allowed?The duplicate assessment periods not allowed for different agreements and same date. In detail, I mean that if we have LEASE A and LEASE B , then while filling the value…
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Lease Transition capability as per Ind AS 116 and Security deposit recording as per Ind AS 109Summary: Leases: Transition capability/ working as per Ind AS 116 and Security deposit as per Ind AS 109 Content (please ensure you mask any confidential information): A…
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Is there currently a way to upload miscellaneous payments in bulk?Summary: The miscellaneous payment feature allows adding payments (non-compliant/non-IFRS16) to leases without having to initiate an amendment to the lease. Wondering if… -
Custom BIP Report - Lease Accounting ForecastingHi, Need to create a custom BIP report that sends Opening Liability, Payment Amount, and Closing Liability to our EPM team as they need this information for forecasting.…
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Can we see the details of ROu Asset, Liability in Reporting Currency in Lease Accounting?Summary: Can we see the details of ROu Asset, Liability in Reporting Currency in Lease Accounting? Content (required): Version (include the version you are using, if app…
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Import Real estate leases in Lease accountingSummary: If we import Real estate leases in Lease accounting using import properties option, then how we can associate these properties to asset added to real estate lea…
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Vertex integration with lease accountingSummary: Do the Oracle lease accounting integrate with the Vertex? We need the the Vertex to calculate the Tax for the Revenue lease and expense lease. Do the vertex nee…