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Lease Accounting
Discussion List
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why there is no linkage in manage expense payment to invoice numberOrganization Name (Required - If you are an Oracle Partner, please provide the organization you are logging the idea on behalf of): Telenor Towers Norway Description (Re… -
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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Why event Lease Expense accounting entries not created?Summary: Why event Lease Expense accounting entries not created? Step1:submit create accounting request, process category is blank, and process events are all. Step 2: c…
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Accounting Entries for Lease Amortization, Asset Addition, Termination, and Changes in PaymentsSummary: Seeking guidance on the accounting entries for monthly amortization, finance cost, new lease asset additions, asset terminations, changes in monthly lease payme… -
Import of Mid-life leases using FBDI TemplatesSummary Import of Mid-life leases using FBDI TemplatesContent Hi, In the last cloud connect session on Lease Accounting, it was stated that in Release 21B, there would b…
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FBDI template for lease accounting life cycleWe are developing VBCS custom screens for Lease Accounting and using FBDI + OIC to integrate with Oracle Portal. Our intended flow is as follows: User creates a draft le…
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Need to initiate Lease Amendment with a Date prior to an existing Amendment's Commencement dateOrganization Name (Required - If you are an Oracle Partner, please provide the organization you are logging the idea on behalf of): Encompass Health Corporation Descript… -
26A Project-Based Expense Lease PaymentsSummary: Project-Based Expense Lease Payments Unable to save the project related details as part of 26A new feature from UI while creating lease contract. Content (pleas…
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Lease Asset Type Action Create is greyed outSummary: We are trying to utilize Lease Accounting. The security job role that includes ORA_FLA_LEASE_CONTRACT_DUTY has been created and assigned, with the appropriate d… -
do we need separate license for lease accounting module or is it part of the finance track licenseSummary: We want to implement lease accounting for our company . We already have license for finance modules- GL, AP, AR etc. do we need separate license for lease accou…
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Supplier Reference Handling in Payment File GenerationSummary: We are currently observing a deviation where supplier bank information is not stored in Oracle due to security considerations. Instead, vendors maintain their b…
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Sale and Lease Back Scenario in Lease AccountingSale and Lease Back Scenario in Lease Accounting, How will we decrease the Value of ROU.
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Why property type level cannot be selected from default values.Summary: Why property type level cannot be selected from default values. Content (please ensure you mask any confidential information): Version (include the version you …
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how to do one-time reinstatement cost and interface future invoices to current AP period?1) how to add a one-time reinstatement cost to the Lease, (expense incurred by the lesser on renovations done on the leased building), at the end of the leased asset? 2)…
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Is Lease Accounting able to handle Software Leases?Our current client has a handful of software leases that we are trying to include in the implementation. It seems that property leases and software leases have similar m…
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Lease Accrual Accounting Date - how to changeSummary: When processing lease accruals the accounting date is defaulting to the last day of the month. We need this to be a different date (i.e. the day the accruals ar…
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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. -
Property Revenue Lease Accruals Going to Unprocessed EventsSummary: I have created a Property Revenue Lease which is Active and in Finalized status. I ran Process Accruals for Property Revenue Leases successfully, but when I che…
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Mass Locations Upload using HCM Data Loading Business ObjectsSummary: Mass Locations Upload using HCM Data Loading Business Objects How to load mass locations using HCM data loading. Upload via spreadsheet is disabled or removed b…
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Lease Liability Reduction at actual paymentHi, We are implementing lease accounting for expense leases. There is a question on the lease accounting rent payments, where the lease liability needs to be reduced at …
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Integration of AP Invoice with Oracle Fusion Lease AccountingWe are currently implementing lease accounting and need guidance on the approach for the following scenario: We are looking for a way to see the AP invoices that are cre…
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Lease ActivationSummary: Dear Experts, I have created property lease with lease start date as 2019-10-01, but not able to activate the lease. When am trying to activate the lease am get…
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Lease accounting - Revenue Leases accounting eventsI am creating a REVENUE Lease and no integration with Receivables. I have completed all the setups as mentioned in the implementation book. When Lease is booked, and Cre…
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Straight-Line Amortization Issue – Periodic Method in Oracle Lease AccountingHello , I am currently implementing Oracle Lease Accounting and facing an issue related to the amortization calculation. Business Requirement: For Equipment Finance leas…
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Integration for Discount Rate Index?Summary: If I use the Rapid Implementation spreadsheet for loading Discount Rate Indexes, it produces an xml file to be loaded. IN what format, by what process can I loa…
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Straight line method for Finance lease accountingI am implementing Lease accounting. Client requirement for Equipment Finance lease Amortization should be calculated via Straight Line method. Can experts let me know ho…
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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…
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how to set up a lease with shorter amortization time frame than lease termSummary: We have a lease that we pay $1000 each month of 5 years (60 payments). However, GASB rules require that we finish amortizing this lease at the end of 4th year b…
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What role is required to run Reports in Lease Accounting TileSummary: Content (please ensure you mask any confidential information): I created a custom Lease role by copying the seeded Lease Contract Management role. However, when…
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Mass Activation of Draft LeasesSummary: Is there anyway we activate multiple draft leases at one go ? Content (required): We have the requirement from one of the clients to activate multiple or mass a…