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
-
Open and Close Periods in Lease AccountingSummary: Lease Accounting doesn't have its own sub ledger periods. How to restrict the users not to create leases in a prior month/period. If we have a feature of Open a… -
Lease Amendment (Scope Decrease) using FBDI file Split optionHi @Rekha Pilay-Oracle, Summary: Lease Created Start Date: 04-Feb-2022 End Date: 03-Feb-2032 with below components: Rent O&M Access Fees Lease schedules generated and Fi…
-
ROU and Lease liabilty should be calculated in different currencySummary:Out customer has a requirement to calculate the lease liability in foreign currency and ROU in Local currency. Eg: Ledger currency is PLN and Lease is entered in…
-
How a difference between ROU and Lease Liability for migrated lease is clearedSummary: Hi, We are migrating the leases from legacy system (Property manager) to Fusion Lease Accounting. Quantum is more than 13000 leases. For migration, we are follo…
-
Can the process lease accrual ability be segregated?Summary: We just want specific users to be able to to process lease accruals. We thought this could be accomplished by only having one role with the manage lease accrual… -
Use the Scope as Decrease scope and reduce to end of lease year.Summary: I’m trying to use the "Decrease scope" option to reduce the lease term to the end of the lease year. However, I’m unable to shorten the payment schedule in the …
-
Lease Accounting for secondary ledger issue.We have two Business units, i.e., the US business unit and the India business unit, and two Primary ledgers were available for one US and another India. We created multi…
-
FLA: How to handle the Lease related Operating expenses (Operating & Maintenance or dismantling costSummary: Hi Team, Lease related rent is liability--> Once the payments are done the liability will decrease or come down like (RoU, Int & Deprn). My requirement: How to …
-
Lease termination using fbdi not workingHi, I am getting error on as shown below "You can't validate the lease because some payments aren't approved or put on hold and have a due date that's before the amendme…
-
Request Steps to migrate Existing Lease Assets to FA Book after complete related FA configurationSummary: Background: We have already enabled Lease Accounting and input Lease Assets, but due to lack of configuration in FA, we cannot search Lease Assets in FA, so is …
-
If we utilize the reclassification process for short-term and long-term liabilitiesSummary: If we utilize the reclassification feature for short-term and long-term liabilities in the lease accounting module, will running the accounting process generate…
-
lease accounting split accountingSummary: i booked lease with 2 different payment schedule in that case booking accounting is splitting in two different line , Total amount for ROU and lease Liability i…
-
Lease details report showing values in adjustment column for ROU but not for lease liabilityWhen a lease is amended, the lease details report is updated with the adjustment amount for both ROU and lease liability balances. However, upon amending the same lease …
-
We want to add back the same asset to the lease when the asset is already expiredSummary: Below is the example Lease Number - Test lease Start Date End Date Lease Lease 01/01/2025 12/31/2025 Asset1 03/01/2025 10/31/2025 Asset2 01/01/2025 12/31/2025 H…
-
Impairment loss for a foreign currency leases is getting converted at the date of impairmentSummary: Need to understand the conversion date and rate logic used for lease impairment. For foreign currency leases, ROU asset and liability are converted from local c…
-
Oracle fusion lease accounting, AR transaction sourceIn Oracle Fusion Lease Accounting, invoices generated from Lease Accounting are created using the seeded Transaction Source ORA_LEASE_ACCOUNTING_TRANSACTION. The busines…
-
miscellaneous payments are always generating AP invoices Regardless of "Generate invoices" checkboxSummary: lease miscellaneous payments are always generating AP invoices (when to run "Process Expense Lease Payment" ESS) even if the "Generate invoices" checkbox on the…
-
Lease Interest Calculation when Expense Lease is Early TerminatedSummary: Lease interest is not calculated till the day of termination Content (please ensure you mask any confidential information): We have created an expense lease wit…Priyadarshini Balasubramanian Parvathy 11 views 2 comments 0 points Most recent by Priyadarshini Balasubramanian Parvathy
-
Unable to amend lease contract payment header DFFSummary: I am trying to update the payment header DFFs on a lease contract with the LeaseContractAmendTemplate FBDI template. However, I always get the following error: …
-
"Migrated Lease" checked, create accounting issueSummary: When "Migrated Lease" checkbox is selected, Right of Use Basis = Net and with Finance Net Right of Use inputted, lease status is Active and version status is Fi… -
Splitting payment lines in lease accounting using a templateSummary: When attempting to split a contract's payment line using a template amendment, the system only changes the contract version without altering the payment lines. …
-
Ship to site and Bill to site LOV are empty while creating revenue leasesSummary: Ship to site and Bill to site LOV are empty while creating revenue leases Content (please ensure you mask any confidential information): The location used while…
-
Unable to find lease accounting in the financials functional areaI am using the following Oracle guidance to set up lease accounting in Oracle. Key Implementation Steps I am unable find Lease Accounting in the financials functional ar…
-
Steps to amend the Start Date of an Active LeaseSummary: Steps to amend the Start Date of an Active Lease Content (please ensure you mask any confidential information): My customer has the occasional scenario where th… -
lease accounting dashboard, what drives the contentSummary: does anybody have overview of what exactly drives the content of the different subtabs of the lease accounting dashboard, I have seen the userguide, the info is…
-
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 …
-
OTBI Subject Area for Lease AccountingSummary: Subject area in OTBI is not available in drop down list for lease accounting. Please suggest. Content (please ensure you mask any confidential information): Ver… -
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…
-
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…
-
Exempt lease not generating upfront taxSummary: Hi there, We have a payment template that is configured to apply upfront tax to the lease payments: When this payment template is used to generate payments on a…