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
-
Few Questions around GASB87-Lessor AccountingExperts/Users of Lease Accounting, Can you please share your thoughts around the following items for GASB87-Lessor Accounting? All leases under GASB87, I presume are goi… -
Periodic Amortization Accrual date Accounting date considerationSummary: Customer needs periodic amortization of leases, so we have chosesn periodic amortization calculation method, but customers accounting calenar is singapore calen…
-
Does DFF carried over from Lease Revenue to AR?Summary: In Lease Revenue, in case there is configured DFF (ex. WHT) and when you integrate the Lease revenue to AR, does it captures the DFF from Lease Revenue page? Co…
-
For quarterly lease payments invoice is given by lessor and PDC's given by us for all at year startSummary: Requirement is, lease payments are to be done quarterly but invoice is submitted by the lessor for all the quarters at the beginning of the year itself and post…
-
Lease amendments in middle of the lease periodSummary: Is there a way to create a lump sum amendment amount to a lease and have the remaining payment schedule automatically adjust the remaining payment schedule amou…
-
Is Invoicing rule feature available in Lease Revenue ?Summary: Does Fusion Lease Revenue support Invoicing rule feature in 23D or is this in the roadmap ? Content (please ensure you mask any confidential information): Versi…
-
Having unprocessed Lease Impairment transaction when closing GL period.Summary: Having unprocessed Lease Impairment transaction when closing GL period. Content (please ensure you mask any confidential information): Version (include the vers…
-
how is "Location" data in Asset->Additional detail used in LA module?Summary: How is "Location" data in "Asset" -> "Additional Details" used in LA module and why do we have to set this? What issues might we face when use of dummy data for… -
We are looking for Revenue amortization for Lease Revenue.Summary: We are looking for Revenue amortization for Lease Revenue. Content (please ensure you mask any confidential information): We are looking for Revenue amortizatio…
-
How the system calculates the leasing payment amendment adjustment?Summary: I need to know how the system calculates the amendment adjustment when it is an amendment that modifies payment with an increase. In the attached example the se…
-
What is difference between lease date and document date?Summary: What is difference between lease date and document date? Is there financial impact for these two date? Content (please ensure you mask any confidential informat…
-
Lease AccountingSummary: Business is Planning to implement Lease Accounting in Oracle Cloud. They have 7 Business Units under One Ledger with multiple legal Entities. The business requi…
-
Is accrued asset account mandatory for revenue lease payment template?Summary: Is accrued asset account mandatory for revenue lease payment template? Content (please ensure you mask any confidential information): Version (include the versi…
-
Is there is setup or control for AP invoice numbering which is generated after interfacing to AP.Summary: Is there is setup or control for AP invoice numbering which is generated after interfacing to AP. Content (please ensure you mask any confidential information):…
-
Is accrual accounting process or accounting entry mandatory in lease accounting?Summary: Is accrual accounting process or accounting entry mandatory in lease accounting? Content (please ensure you mask any confidential information): Version (include…
-
Editing a Standard Accounting MethodSummary: Hello, Can I edit a standard accounting method? I have standard accounting method assigned to my ledger however, the journal rule sets for lease accounting are …
-
Purpose/use case for Accounting Classifications Finance & Operating Lease ?Summary: Details are not in the user guide. Content (please ensure you mask any confidential information): When creating a Lease, there are three classifications; Financ…
-
what’s the difference between finance lease and operating lease?Summary: what’s the difference between finance lease and operating lease? Content (please ensure you mask any confidential information): Version (include the version you…
-
What is Accrual definition on process type of expense process payment?Summary: 1 Navigation: expense lease payments>>process lease payments. a) What is Accrual definition on process type of expense process payment? b) Is it mandatory to ru…
-
For supplier bank accounting information, how it is entered or catered in lease accounting?Summary: For supplier bank accounting information, how it is entered or catered in lease accounting? Content (please ensure you mask any confidential information): Versi…
-
For customer bank account information, how it is entered or catered in lease accounting?Summary: For customer bank account information, how it is entered or catered in lease accounting when interface to AR? Content (please ensure you mask any confidential i…
-
What is Sweep Accounting (Review Mode/Update Mode) definition on process type?Summary: Navigation: expense lease payments>>process lease payments. a) What is Sweep Accounting (Review Mode/Update Mode) definition on process type? b) Is it mandatory…
-
What is process lease payment tieback on Revenue Lease Payment?Summary: What is process lease payment tieback on Revenue Lease Payment? Is it mandatory to run? Content (please ensure you mask any confidential information): Version (…
-
Grouping Lease Payments to 1 Invoice Per SupplierSummary: I have 1 lease with multiple assets with the same payment schedules. Is it possible to group all due payments into 1 single invoice per lease? Content (please e…
-
what are the definitions of option class of lease level and asset level?Summary: what are the definitions of option class of lease level and asset level? Content (please ensure you mask any confidential information): Version (include the ver…DL003 12 views 1 comment 0 points Most recent by Alvaro Montenegro- Product Management at Oracle-Oracle
-
What are definitions for revenue methods of Lease revenue and non lease revenue?Summary: What are definitions for revenue methods of Lease revenue and non lease revenue? Content (please ensure you mask any confidential information): Version (include…DL003 15 views 1 comment 0 points Most recent by Alvaro Montenegro- Product Management at Oracle-Oracle
-
What should be the start date that need to enter in the Lease for data conversion?Summary: Scenario A: Lease 1 starts JAN 1, 2000 - DEC 31, 2030 Migration to Oracle, JAN 1, 2025. a) What should be the start date that they need to enter in the Lease? b…
-
Does the secondary accounting standard warrants an SLA customization in the secondary ledger?In Oracle Fusion Lease Accounting, we are currently exploring the implementation of two accounting standards; the secondary accounting standard would then be using a sec… -
How to add salvage value in Lease Accounting Module.Summary: How to add salvage value in Lease Accounting Module. Content (required): As per client requirement they did not see a salvage percentage value area in the asset… -
What are the definitions of line start date and first payment date on payment screen?Summary: Attached is revenue lease, what are the definitions of line start date and first payment date on payment screen. What are their difference? Content (please ensu…