Category 582
Discussion List
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In System Options, what is the expected behaviour if Calculation Calendar is left blank?Summary: In System Options, what is the expected behaviour if Calculation Calendar is left blank? Content (please ensure you mask any confidential information): In Syste…Janelle Azimullah-Oracle 12 views 1 comment 0 points Most recent by Swetha Manupati-Oracle Lease Accounting -
In case of Forex Lease- Net ROU is recalculating with Amendment Commencement Date Effective RateSummary: In case of Forex Lease- Net ROU is recalculating with Amendment Commencement Date Effective Rate Content (please ensure you mask any confidential information): … -
Do we have ability to discard a lease amendement from SOAP/REST/FBDI?Summary: We have a requirement to discard lease amendment from backend. We are not able to find any REST/SOAP/FBDI Approach to discard financial lease amendment. Please …
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How can I enter Down payment, Initial cost and an Incentive in Lease expense contract?Need to create lease expense contract with Down payment, Initial cost and Incentive.
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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…
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how to handle a situation in lease where payment is being in advance before lease start dateSummary: how to handle a situation in lease where payment is being in advance before lease start date Content (please ensure you mask any confidential information): Exam…
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Leases pending in version status 'report generation in progress'Summary: Hi, We have converted > 12000 leases in February. Now when closing the first month it looks like most of the are pending in version status 'report generation in… -
Guidance to Amend 'Operating Right of Use Amount' for migrated leaseSummary: Amend 'Operating Right of Use Amount' for migrated lease Content (please ensure you mask any confidential information): My customer has migrated leases with inc…
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💡Formula to Calculate Opening Liability and IFRS 16 Right of Use Amortization in FLASummary: Users need details about the formula to calculate Opening Liability and IFRS 16 Right of Use Amortization in Lease Accounting. They are trying to replicate exis… -
How to generate an accrual event for a payment that's excluded from liability.Summary: Instead of immediately hitting lease expense, the user wants the liability-excluded payment to hit a prepaid account. This part seems relatively easy, as I can … -
Automated Journal Entry For Reclassification of Lease Liability into Current & Non-Current Liabilitywe have to reclassify the lease liability into current and non-current liability. Upon following the procedure recommended to enable if from the "Manage Lease Configurat…
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Amend Payment Amount or End Date Best PracticesSummary: It appears that Oracle does not allow for amendments to the payment amount or the end date. Can you advise on best practices around this? We do have instances w…
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what is the formula or calculation logic for lease revenueSummary: what is the formula or calculation logic for lease revenue? In lease details report for revenue lease, we can find the lease revenue column on Payment Amortizat…
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Unable to view Exempt Expenses Accounting in the lease Module after running Process Lease AccountingSummary: Unable to view Exempt Expenses Accounting in the lease Module after running Process Lease Accounting having Process Type as Accrual. we are getting like "Events…
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Unable to define "Property Type" having more then one 'Property Type Level' available for Leasing.Summary: We need to define a "Property Type" having multiple 'Property Type Levels' and ALL the 'Property Type Levels' should be available for Leasing. E.g. : Property-T… -
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 …
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Debit Memo on Lease Termination but not credit memoSummary: When there is an amendment made in leases for early termination of lease, a contraction line created with negative value and when the payment are flowed to AP, …
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what's the use case of Accrued Liability account in lease accounting?Summary: What's the use case of Accrued Liability account in lease accounting? Content (please ensure you mask any confidential information): Version (include the versio…
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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…
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Creating Lease without AP Integration - Pros and ConsSummary: We are planning to implement Lease accounting and wanted to know some details before we can decide the best approach and industry standard to follow Do Oracle r…
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How to create a Credit Memo for Revenue Lease ContractsSummary: Our customer is planning to use Revenue Lease. They have a scenario where Customer would be invoiced for 1 year rental. After that the customer pays only for 11…
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Do we have Lease Accounting Configuration workbook and Testscript ?Summary: Hello Team, i just wanted to ask if there is an already seeded CWB & Test script for Lease Accounting module. Content (required): Version (include the version y…Siddhant Aggarwal-Oracle 411 views 39 comments 2 points Most recent by Anshu Malhotra -Oracle Lease Accounting -
Can Oracle handle month-to-month (evergreen) leases? If so, how?Summary: We have instances where a lease contract has the option of going month-to-month (aka evergreen), where the payments will just continue on a monthly basis after …
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💡Lease Accounting: How to Create a New Role with Lease Contract DutySummary: How to create and use a new Role related to Lease Accounting Product. Solution: Please check the document attached. Note: For generating Lease Detail Report, th…
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Reporting Lease balance in functional currencySummary: We are configuring the standard Lease accounting module for the customer and we need your help and support regarding the reporting of Lease accounting balance i…
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Quarterly payment frequency but first payment not for full quarterSummary: I have a lease with quarterly payment frequency but the first quarter does not start on the first day, it should be prorated and the last quarter of the lease s… -
In lease accounting can we define different appoval cycles for create,amend, terminate leaseIn lease accounting can we define an approval cycle for creating the contract and define a different one to Amend the contract and define a different one for the termina…
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Access Lease Details Report dataSummary: Access Lease Details Report data for custom report Content (please ensure you mask any confidential information): hello There is a need to access the Lease Deta…
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💡SLA setup for Lease Accounting (FLA) product on Oracle CloudSummary: In this document you will find a general overview and a explanation of the Subledger Accounting (SLA) setup for Fusion Lease Accounting. The document contains s…
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How to process prepay invoices for leases from lease module?Summary: We need a solution where invoices can be generated by lease module prior to the start date of the lease? For example , we have a lease that starts at 01-Jan-202…