Accounting
Discussion List
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Is there a functionality in Fusion Lease Accounting to normalize lease revenue recognition?Summary: For revenue leases, our client requires the recognition of revenue to be normalized (fixed, straight-line recognition regardless of rental rate) Content (please… -
Lease Residual Option Exercise Accounting EntriesSummary: Lease Residual Option Exercise Accounting Entries. We are using a lease residual option with a negative amount for the proceeds of sale of assets, but when we e… -
Is it possible to post to seperate to accounts for Lease Impairment Expense and LiabilitySummary: Oracle Consulting Content (please ensure you mask any confidential information): Is it possible to post to seperate accounts for Lease Impairment Expense and Li…Janelle Azimullah-Oracle 22 views 4 comments 0 points Most recent by Navin Gadidala-Oracle Lease Accounting -
Legacy to Oracle Lease Accounting ConversionSummary: Best practice, things to consider, guide on how to convert Lease Transaction from Legacy system to Oracle Lease Accounting for both Revenue and Expense Leases C… -
Secondary ledgers for Lease Accounting moduleSummary: is there need to run Create Accounting for each secondary ledger after create accounting is completed in primary ledger? Content (required): currently business … -
Can we change the interest calculation method from daily to monthly?Summary: Can we change the interest calculation method from daily to monthly? Content (please ensure you mask any confidential information): Can we change the interest c…
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SLA to change Payable Liability and Clearing accounts for AP integration from Lease AccountingSummary: Lease Accounting subledger provides access to following accounting classes: Booking, Expense, Revision, Termination, and Payment Approval. SLA rules work well f…
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Does Lease Accounting Support the Migration of Leases with existing Impairments?Summary: Customer is migrating leases with existing provisions for dilapidations. Does Lease Accounting support the Migration of Leases with existing Impairments? Conten…Janelle Azimullah-Oracle 21 views 2 comments 0 points Most recent by Janelle Azimullah-Oracle Lease Accounting
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Lease Accounting solution when invoices which are sent in by the Lessor?Summary: Payables integration = No Content (required): In a scenario where the lessor directly invoices the lessee, what are the steps to ensure the accounting entries r…
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Migrated Lease Option Addition ErrorSummary: While adding options for migrated lease system giving us warning. Content (please ensure you mask any confidential information): Version (include the version yo…Muhammad Zarlash 42 views 1 comment 0 points Most recent by Maria Mendoza - Oracle-Oracle Lease Accounting
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Revenue Payment TemplateSummary: Looking for documentation on creating Revenue Payment Templates. Specifically, what are the functions of the Distributions; Accrued Asset, Receivables, Receivab…Neal Foley 84 views 9 comments 0 points Most recent by Maria Mendoza - Oracle-Oracle Lease Accounting
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The Short-term/Long-term accounts to be added for a Lease Payment Template setupSummary: Please confirm the list of accounts that should be on the payment template. The notes below were reviewed and none gave specific account types to place. We need…
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Capability to calculate depreciation and lease liabilities (Current and Non-Current portions)Summary: We have a requirement: Capability to calculate right-of-use assets and depreciation, lease liabilities (non-current and current portions) and lease expenses, am…
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Revenue Lease Default DateSummary: When running Revenue Lease Payments -> Process Lease Payments and "Launch Import AutoInvoice" is selected with Yes, the Default Date in the Import AutoInvoice j…
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Configuration of Lease AccountingSummary: I have some questions surrounding the required Lease Accounting core system configurations 1. How do the Primary (ASC842) and Secondary (IFRS16) accounting stan…Sheila Alabrudzinski 64 views 1 comment 0 points Most recent by Maria Mendoza - Oracle-Oracle Lease Accounting -
Lease Accounting : Discount Rate Index Decimal PlacesSummary: Lease Accounting : Discount Rate Index Decimal Places Content (required): Lease Accounting : Discount Rate Index Decimal Places are rounding off to three decima…Rihan Jameel 101 views 6 comments 0 points Most recent by Shawna Green-Support-Oracle Lease Accounting -
When oracle is planning to introduce ADFdi spreadsheet for lease accountingSummary: Can you please suggest ? When oracle is planning to introduce ADFdi spreadsheet for lease accounting Content (required): Version (include the version you are us…Muhammad Zarlash 22 views 5 comments 0 points Most recent by Maria Mendoza - Oracle-Oracle Lease Accounting
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Accounting for Interest Payment for GASB87 and SFFAS54Under both the GASB87 and SFFAS54, it appears like 'Interest Expense' is the Interest Portion of a Payment. For example, if Payment Due Date is 01-Jan-23 for a Lease Sta…
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How can we add asset to lease accounting if business is purchasing the asset at the end of lifeSummary: How can we add asset to lease accounting module if business is purchasing the asset at the end of useful life Content (required): Version (include the version y…Muhammad Zarlash 11 views 2 comments 0 points Most recent by Alvaro Montenegro- Product Management at Oracle-Oracle Lease Accounting
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US GaaP Reporting for India Based LeasesSummary: US GaaP Reporting for India Based Leases Content (required): We have some leases in India for our India offices. These leases have been created in the India led…Abhishek Shukla 22 views 1 comment 0 points Most recent by Maria Mendoza - Oracle-Oracle Lease Accounting -
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…User_2025-07-18-11-27-33-656 79 views 1 comment 0 points Most recent by Maria Mendoza - Oracle-Oracle Lease Accounting
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What type of account should be Non-Compliance account?Summary: What type of account should be Non-Compliance Expense account? Content (required): We are creating new CoA structure with several new natural accounts for the i…
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Back dated lease payment, approvals and accruals get stuck in SLA if GL period is openSummary: Is there a setup for creating accounting period in lease accounting as there is in other Subledgers because back dated payment, approvals and accruals get stuck… -
Automate data extraction for Capex Plan standard reportSummary: Need to automate data extraction for Capex Plan standard report Content (required): For Capex Plan, Oracle Fusion has a standard reports like 'What-If Depreciat…Aniket_CCG1 21 views 1 comment 0 points Most recent by Maria Mendoza - Oracle-Oracle Lease Accounting
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Recommended Accounting for Terminations and Option Management for Revenue Operating Property LeasesSummary: Lease Accounting enabled management of Revenue Operating Property Leases in 23.C Users can activate, accrue, bill and account for Revenue Leases which are Opera…Navin Gadidala-Oracle 91 views 2 comments 1 point Most recent by Maria Mendoza - Oracle-Oracle Financial Management Resource Center
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Lease payment invoices are not createdSummary: Content (required): Once the "Process Lease Payments" is run the lease payment invoices are not created for active leases. Is there any other proceedings to be … -
Can lease accounting handle vessels and vehicles aside from real estate and equipment?Summary: We have a requirement for leases to handle not only real estate, but also equipment, vessels and vehicles, etc. Content (required): I read in the user guide 23B…
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GASB87 with fund accountingSummary: Our client requires GASB87 compliance with fund accounting. Ability to record leases and monthly schedule payments based on funding split. We have fund as our b…
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Can Oracle Fusion accommodate both lessee and lessor scenarios?Summary: We have a business scenario from the client (coming from Oracle EBS) to have both payment and billing (innate integrations to AP and AR, respectively) functiona…