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Lease Accounting
Discussion List
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You must enter a unique asset number in the lease. (FUN-720646)Summary: Can we use the same asset number in multiple leases? We are facing below error while creating lease and creating asset under this lease through UI. "You must en… -
No longer able to have payment start date before lease amortization date?Summary: For Migrated leases, it previously appeared that you could have a payment start date before amortization date as long at it is after the lease start date. Now, … -
Where does lease accounting store attachment info attached to leases?Hi All, here does lease accounting store attachment info attached to leases. I can not find a FLA_{ATTACHMENT} table for attachments on a FLA lease , so FLA must be usin…
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How is amortize over term supposed to function?Summary: We've tested amortize over term as we want to spread payments on future expenses properly. But, amortize doesn't seem to be doing anything and the documentation…
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Subleases Functionality for Property Leases under DesignSummary: We are working on designs for Subleases for Property. We have collated few Scenarios, with expected results and Accounting. Request reviews, comments etc
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Ability to update ORA_FLA_PAYMENT_PURPOSE LOV or Payment TermSummary: Hi, We need to remove the items from LOV of Payment Purpose & Payment terms as only couple of them are relevant to the client. Is there any way to remove them. …
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Unable to transfer/Post Balances from primary Ledger to Secondary LedgerSummary: Currently we have 1 Primary Ledger and 5 Secondary Ledgers where only calendars are different for all Secondary Ledgers. Under FLA System Options i did not add …
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How to split Lease Booking Liability into 2 lines like ST and LT?Summary: Our requirement is to split booking Liability to Short term and Long term instead of 1 Liability account Content (please ensure you mask any confidential inform…
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How can I reduce the lease term of a finalized IFRS-16 expense lease?Summary: The lease contract got reduced by 10 years, earlier it was 50 years. When I try to Ammend the lease, system allows me to reduce the lease term and asset date bu…
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Only Generate Invoices in Lease Accounting but not transfer the invoices to PayablesSummary: We have a requirement where we want to generate the invoice in lease accounting module and then it should not be transferred to payables instead this invoice de…
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Future Dated Lease functionalitySummary: We would like to know how to create future-date leases in the Lease Accounting module. Content (required): 1.Lease Tenure: Year (2025 to 2028) 2.Monthly payment…
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Parallel approval for lease accountingSummary: Parallel approval for lease accounting not working as expected. Requirement: Supervisory Hierarchy and Approval Group. Once the Manager of the lease creator app…
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Item setup for Lease AccountingSummary: I have setup an Item to be used for Equipment LEase in Lease Accounting but the Item doesn't appear in Asset section when creating a Lease I have created Item i…
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Lease booking accounting entries not triggered for migrated LeaseSummary: when "Migrated Lease" checkbox is selected, no matter Right of Use Basis is Net or Gross and with Finance Net Right of Use inputted, lease status is Active and …
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Need the Lease Accounting Configuration workbook & Test ScriptSummary: We will implement lease accounting , Therefore i need configuration workbook ,Test script .TCM ..ETC. Content (required): Version (include the version you are u…
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How to migrate revenue leaseSummary: Is there a manual or document that guides us through migrating revenue lease contracts to the lease accounting module? We're implementing the module and need to…
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You can't process a lease to the ACTIVE status because of some errors.Lease is getting amended through FBDI using OIC but the mentioned error is coming in validation tab : You can't process a lease to the ACTIVE status because of some erro…
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Item Master LOV blank in Manage System OptionsSummary: Hi, We are configuring Lease Accounting within our Dev environment, and are unable to select the Item Master configured in the Item Master for Expense Leases op…
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What is the best practice on a one time credit payment for an expense lease?Summary: We received a credit memo for one of our expense leases. When creating a Miscellaneous payment in LAC it is hitting the Noncompliance Expense. Is there another …
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Creation of Master Lease with Child Lease DetailsSummary: How to Create Master Lease with Child Lease Details: Examples Lessee leases office space from Lessor with original terms as follows: Size of office space lease…
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ST and LT reclassification in Oracle Lease AccountingSummary: Use Case: Our customer is using Oracle Lease Accounting to meet their ASC and IFRS reporting and compliance needs.One of the requirement is classify the Lease L…
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parameter value while scheduling reportSummary: hi In order to retrieve data from FLA_LEASE_BALANCES_ALL table, we were told that need to run Generate Lease Transactions and Balances Report every GL period. a…
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How to populate the Notes field under Manage Expense PaymentsSummary: One of the Columns in Manage Expense Payments says Notes. Where is the data for this field sourced from? Content (please ensure you mask any confidential inform…
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Why is the booking journal of a migrated lease posting to reserve?Summary: We created a migrated lease and on the booking journal, we're seeing a liability debit to reserve. We're confused as the lease was already booked to the GL from…
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Lease Accounting Miscellaneous Payment attachmentSummary: Hi, Is there a way to add an attachment while creating a Miscellaneous Payment and be transferred to AP invoice as well? Content (please ensure you mask any con…
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Lease Milestone Tab in Amendment FBDISummary: Why don't we have the milestone amendment functionality available through FBDI template but its present through UI? Content (please ensure you mask any confiden…
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Create Accounting Execution Report completing in ErrorSummary: We ran create accounting for Lease Accounting, The process completed in 27 hours, however Create Accounting Execution Report completed in Error. We ran again th…
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25A Feature : Lease Amortization Schedules ExtractSummary: Clarification on 25A Feature : Lease Amortization Schedules Extract Content (please ensure you mask any confidential information): 25A Release Notes describe a … -
Revenue Leases - AutoInvoice import error - ORA-02289: sequence does not existSummary: Getting this error while trying to import from Revenue Leases. Seems like it is looking for a sequence but I am not able to add a sequence for Revenue Lease. Ge…
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is it possible to build data segregation by one level down the BU level? For example by department?Summary: Is it possible to build data segregation by one level down the BU level? For example by department? The current security segregation is by BU in Lease, but by d…