Accounting
Discussion List
-
When arriving opening lease liability Present value to be calculated from the 1st payment dateSummary: When arriving opening lease liability Present value to be calculated from the 1st payment date Content (please ensure you mask any confidential information): Wh… -
is there any forecast report for projection of liabilities and expense payment in coming 10 years?Summary: is there any forecast report for projection of liabilities and expense payment in coming 10 years for leases? Content (please ensure you mask any confidential i… -
Available property levels available for rentSummary: Hello, we currently have different malls available for renting, and we need to implement these scenarios in oracle fusion we need to be able to rent the whole m…
-
Unable to edit fields in Lease Asset, Lease Start Date and Amount fields.Summary: Client requirement is update the lease asset fields are Lease Start Date and Amount, but unable to do that. Content (please ensure you mask any confidential inf…
-
can have a clarification on option typesSummary: can have a clarification on option types? and what will be changed or impact if select below option type? ◦ Allowance ◦ Bargain Purchase ◦ Construction Warranty…DL003 11 views 4 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Lease Accounting
-
Lease cancellation & accumulated amortizationSummary: When Option cancellation Accumulated Amortization also need to be reversed. Content (please ensure you mask any confidential information): When Option cancellat…
-
when will default account "accrued liability" and "right of use adjustment loss" used?・Content : Lease Accounting module has default account "accrued liability" and "right of use adjustment loss". In which accounting method and event/process will these d…Shogo Ito-Oracle 40 views 3 comments 0 points Most recent by Muhammad Faran Khan-Oracle Lease Accounting -
Formula for Amortized Liability Balance Method for Lease Liability Reclassification (24C feature)Summary: 24C Feature - Amortized Liability Balance Method for Lease Liability Reclassification Content (please ensure you mask any confidential information): Please prov…Janelle Azimullah-Oracle 15 views 1 comment 0 points Most recent by Janelle Azimullah-Oracle Lease Accounting -
Managing Lease Schedules by Category for Reporting PurposesSummary: Need to maintain separate lease schedules by category for reporting in Lease Accounting. Content (please ensure you mask any confidential information): We are r…
-
How Lease Liability on Terminated Leases Is CalculatedSummary: How Lease Liability on Terminated Leases Is Calculated. We are using separate accounts for long term liability, short term liability and lease liability on paym… -
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…
-
IFRS 16 - Lease Accounting Module Oracle Documentation, Entries, WorkbookSummary: IFRS 16 - Lease Accounting Module Oracle Documentation, Entries, Workbook Content (please ensure you mask any confidential information): Need an oracle document…
-
Interest calculation for lease starting mid monthSummary: Hi @Rekha Pillay-Oracle @Navin Gadidala-Oracle - Could you please help me for the below question. For the lease that is starting from mid of the month, amortiza…Kannan Radhakrishnan 55 views 1 comment 0 points Most recent by Alvaro Montenegro- Product Management at Oracle-Oracle Lease Accounting
-
Why cant we reclassify short term, long term for lease asset(ROU) amount?In LA module functions, we can reclassify short term, long term liabilities. As customer requirement, we want to reclassify lease asset(ROU) short term, long term as wel…
-
How to schedule create accounting for leases on Incremental End date parameters on daily basis.Summary: What End date needs to be selected in parameters if we have a schedule start date of 15th Oct 2024 to run this program on increment basis. Content (please ensur…
-
When Revenue will be recognized in the books of lessorIn Case of Revenue Lease, we are getting the below accounting entries In Lease accounting Module Receivables clearing DR Accrued Asset CR In Receivables Module Receivabl…sreecharan.kotte-Oracle 22 views 4 comments 0 points Most recent by sreecharan.kotte-Oracle Lease Accounting
-
Purchase of Property through PO and linking it to a Lease?Summary: Hi, Our customer is currently having practice where they raise a Purchase Order to purchase properties and they will budget for the ROU account which is the PO …
-
Lease disclosure report defaults to the current period and not current open periodWe have observed that the 'reported till date' for the lease disclosure report defaults to the current period. Our primary ledgers are in USD and not in locally currency…
-
Lease Accounting : Unable to update the lease accounting distributions under Payment Headers OptionsSummary: Lease Accounting : Unable to update the lease accounting distributions under Payment Headers Options Content (required): We are using the FBDI Template to downl… -
lease payment template accountinghello , Working 24b cloud How can we export lease payment template accounting details? and/or if able to share a query for that exprt. If a template is already in use, i…
-
How would you perform a reversal of an impairment for prior years?Summary: Is there functionality to reverse impairments for prior years? What steps would the user have to perform to achieve this? Content (please ensure you mask any co…
-
what activities will trigger the accounting entries for Lease Revision event?Summary: what activities will trigger the accounting entries for Lease Revision event in version 24B? Content (please ensure you mask any confidential information): Vers…
-
Split depreciation accountSummary: How to split depreciation expense based on the percentage? Content (please ensure you mask any confidential information): Customer wants to split the depreciati…
-
adjustments and lease hold improvements for converted leases ( ASC842)How do the adjustments and lease hold improvements get incorporated into leases that we are converting from the legacy system? The adjustments and lease hold improvement…
-
what are the difference between "gain or loss" and "Forex gain or loss"Summary: what are the difference between Account "gain or loss" and "Forex gain or loss" on Distribution of Expense Payment Template. Content (please ensure you mask any…
-
What is lease invoice numbering nomenclature?Summary: We need to understand lease numbering nomenclature of how it is automatically processing the number, and any way we can change it? Content (please ensure you ma… -
Stub Payment Journal in Wrong periodSummary: Hi Team, We have encountered one scenario and need some clarification on the same. We have one lease which end dated on 31/10/2023 and then it was terminated. H…
-
Use of these events and journal lines in Lease module.Hello, What is the general use of these events in Lease Module ? • Lease Booking • Lease Expense • Lease Revision • Lease Payments • Lease Termination In addition to thi…
-
What is the purpose/function of intercompany under payments screen when create lease.Summary: What is the purpose/function of intercompany on accounting tab under payments screen when create lease. Content (please ensure you mask any confidential informa…
-
Why we cannot adjust unit for lease assetSummary: Our lease asset charges to 3 cost centers, unit depreciation expense account 0.9538 HK178 0.0257 HK104 0.0205 HK106 We need to update the unit periodically but …