Lease Creation
Discussion List
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Migration of open leasesSummary: Open Leases migration from legacy system to Oracle Content (required): Working on open leases migration and would like to understand / get inputs around payment… -
Lease Approval - direct approval to the Assigned To person?Summary: I am attempting to customise the Lease Approval rule to direct the approval to the Assigned To person on the lease - is this possible? I can only see the Respon…
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How to manage a property lease having multiple owners?Summary: How to manage a property lease having multiple owners (i.e. Supplier)? Content (required): We maintain leases for the office buildings and schools. A building m… -
Can Lease payments be bifurcated in Fixed and Variable componentsSummary: Can we segragate lease payments in fixed and variable components Content (required): Version (include the version you are using, if applicable): Code Snippet (a…
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Lease Disclosure reportSummary: Can someone let me know how these two non-compliance expenses are calculated in the lease disclosure report. Content (required): How are Non-Liability Expense a…
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Are Foreign exchange translations done for lease transactions?Summary: Does system support foreign currency translation of functional currency to reporting currency using weighted-average and month-end rates (in case functional cur…
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Ability to support lease payment "adjustments" in calculating/determining lease liability/ROUSummary: Requirement : Ability to support lease payment "adjustments" in calculating/determining lease liability/right of use asset (e.g. free rent, tenant improvement a…
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Is there a provision to enable tax calculations on payments within lease automatically?Summary: Is there a provision to enable tax calculations on payments within lease automatically? Content (required): Version (include the version you are using, if appli…
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Are Lease accounting entries same for IFRS 16 and ASC842?Summary: Are Lease accounting entries same for IFRS 16 and ASC842? Is there any accounting event where entries would be different? Content (required): Version (include t…
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Can we capture an asset for a lease under lease accounting module ?Summary: Requirement : Ability to capture an asset for a lease Content (required): Does system automatically creates the asset in FA if we add asset under lease in Lease…
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Can I view all recently completed lease activity - additions, terminations, amendments, etc.Summary: Ability to view all recently completed lease activity - additions, terminations, amendments, etc. for a month to support a roll forward Content (required): Vers…
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Can we have multiple payment templates per lease?Summary: Can we have multiple payment templates per lease? Content (required): Version (include the version you are using, if applicable): Code Snippet (add any code sni…
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Deferred Rent Balance for Migrated, Pre 842, leasesSummary: Client is converting leases as of 842 adoption date, 1/1/22, and has deferred rent balance that must be used to adjust ROU asset balance. Essentially, on 1/1/22…
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Item Master guidanceSummary: We are trying to configure Lease Accounting in a DEV region, but are stuck at the Item Master requirement. Can anyone provide the steps needed to create a simpl…
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Import of Mid-life leases using FBDI TemplatesSummary Import of Mid-life leases using FBDI TemplatesContent Hi, In the last cloud connect session on Lease Accounting, it was stated that in Release 21B, there would b…
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Lease DeletionSummary: Can anyone help on how to delete a Lease created manually in the UI. Content (required): Version (include the version you are using, if applicable): Code Snippe…Siddhant Aggarwal-Oracle 13 views 3 comments 0 points Most recent by Alvaro Montenegro- Product Management at Oracle-Oracle Lease Accounting -
Lease FBDI running into error - You must enter a valid legal entitySummary: While importing the Lease FBDI for BRL BU, There is a Legal Entity which has special characters (Ê) but defined as the same for American Language. When that Leg…Siddhant Aggarwal-Oracle 44 views 3 comments 0 points Most recent by Siddhant Aggarwal-Oracle Lease Accounting
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Provision on leasesSummary: Is it possible to record a provision (e.g. onerous lease provision) against a lease ? Content (required): My organization has a requirement to record provisions…
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Has anyone worked on quering Lease data from EBS?Summary: Content (required): Version (include the version you are using, if applicable): Code Snippet (add any code snippets that support your topic, if applicable):Siddhant Aggarwal-Oracle 12 views 2 comments 0 points Most recent by Siddhant Aggarwal-Oracle Lease Accounting
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Handling of Lease Incentives / Rent Free periodsSummary: How to handle Lease Incentives and Rent Free periods in Lease Accounting? Content (required): I have a client which has Lease Incentives in the way of Rent Free…Janelle Azimullah-Oracle 154 views 1 comment 0 points Most recent by Tim Hricko-Oracle Lease Accounting -
What is the purpose/use case for Accounting Classification of Exempt?Summary: Unclear what the Accounting Classification of Exempt is used for? Content (required): When creating a Lease, there are three classifications; Finance Operating …Janelle Azimullah-Oracle 103 views 1 comment 1 point Most recent by Tim Hricko-Oracle Lease Accounting
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Why is Business Unit not coming up for user even though data access has been provided?Hi, User- Marlin Amy has been provided the data access to the business unit- US1 Business Unit for the custom role created for Lease Contract Management. The Business Un…
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How to default the Interest Rates for all the Leases in Lease accountingSummary: We have a requirements to default the Interest Rates to all the leases in Oracle. Our Parent company fulfil all financing need and revise borrowing rates every …
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Unable to Select Business Unit in SetupSummary Unable to Select Business Unit in SetupContent I am unable to select the Business Unit when Completing setup. How do I resolve this?
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Accessing 'Create Lease'/'Lease management' functionality.Summary: Hi, I have assigned the following job role 'Financial Application Administrator' and assigned the 'Business Unit' for data access to the user. The 'Business Uni…
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Is there an updated roadmap that can be provided for the Lease Accounting module?Summary: Content (required): Version (include the version you are using, if applicable): Code Snippet (add any code snippets that support your topic, if applicable):
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Lease Purchase OptionSummary: I am unable to enter an purchase option at the end of a lease. I get the following error: "The purchase option start date must be on or before the asset end dat…Jeremy Taylor 46 views 1 comment 0 points Most recent by Alvaro Montenegro- Product Management at Oracle-Oracle Lease Accounting
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How to remove a Lease in the Draft status?Content How to remove\delete\cancel a Lease in the Draft status? Version 21C (11.13.21.07.0)