Lease Creation
Discussion List
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How to set Require Property Definition to No at System Options FusionSummary: Content (please ensure you mask any confidential information): Version (include the version you are using, if applicable): Code Snippet (add any code snippets t… -
Adding a new asset to the active lease using FBDI not workingHi, We have loaded the lease in active status and trying to add the new assets but we are facing issues on the payments tab like " You must enter a valid asset identifie…
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Generate Lease Accounting Prepayment Invoices and Revenue Recognition with Tax RequirementGood day, Users have a legal requirement to report tax to the tax authority when one of the following comes first, Customer bill, Customer advance, or revenue recognitio…
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Lease Accounting DocumentationHello, i need to know if there is standard documentation of Configuration Workbook, Business Process Model and Test Script for Lease Accounting module. Thanks!Maria Isabel Castro 31 views 3 comments 0 points Most recent by Maria Isabel Castro Lease Accounting
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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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How do I configure Lease Numbering by Legal EntityHi, We have a requirement to use different Lease and Lease Asset numbers for different legal entities. I have set up the following document sequences: However I am unabl…
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Asset sequential numbering needs to be set in alphanumeric formatSummary: We need asset numbering in lease accounting to be automatic and alphanumeric. Seeded document sequence allows numeric format only. Content (please ensure you ma…
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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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Lease Migration - How to Clear the Balance in the Reserve AccountSummary: As part of the Open/Active Leases migration the ROU balance is migrated as per the legacy system and the Lease Liability is discounted after the amortization st…
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Lease Accounting: How to create Operating/Exempt leases without asset detailsSummary: We have a requirement to record operating/exempt leases, without asset details in Oracle. However, Asset information is one of the mandatory information while c…
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FBDI Record Limits for Mass Lease Contract UpdatesWe are using FBDI to perform mass uploads and updates of lease contracts, including additions, terminations, and contract modifications. Could you please confirm: The ma…
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How to record a provision for DilapidationsSummary: Dilapidations Content (required): We need to record a provision for Dilapidations against a Lease. The Payment Template does not permit me to enter a payment wi… -
Why property type level cannot be selected from default values.Summary: Why property type level cannot be selected from default values. Content (please ensure you mask any confidential information): Version (include the version you …
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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… -
Net ROU on lease accountingSummary: We have a lease originally created in 2020 that we now wish to migrate to Oracle Fusion ERP in 2025 using the Net ROU method. Please advise on the correct proce…
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Lease Transition capability as per Ind AS 116 and Security deposit recording as per Ind AS 109Summary: Leases: Transition capability/ working as per Ind AS 116 and Security deposit as per Ind AS 109 Content (please ensure you mask any confidential information): A…
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After creating a lease in Oracle Fusion ERP, it cannot be found when searching for the lease.After creating a lease in Oracle Fusion ERP, it cannot be found when searching for the lease.
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Open and Close Periods in Lease AccountingSummary: Lease Accounting doesn't have its own sub ledger periods. How to restrict the users not to create leases in a prior month/period. If we have a feature of Open a…
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Lease Amendment (Scope Decrease) using FBDI file Split optionHi @Rekha Pilay-Oracle, Summary: Lease Created Start Date: 04-Feb-2022 End Date: 03-Feb-2032 with below components: Rent O&M Access Fees Lease schedules generated and Fi…
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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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Can the process lease accrual ability be segregated?Summary: We just want specific users to be able to to process lease accruals. We thought this could be accomplished by only having one role with the manage lease accrual… -
Use the Scope as Decrease scope and reduce to end of lease year.Summary: I’m trying to use the "Decrease scope" option to reduce the lease term to the end of the lease year. However, I’m unable to shorten the payment schedule in the …
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FLA: How to handle the Lease related Operating expenses (Operating & Maintenance or dismantling costSummary: Hi Team, Lease related rent is liability--> Once the payments are done the liability will decrease or come down like (RoU, Int & Deprn). My requirement: How to …
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Lease termination using fbdi not workingHi, I am getting error on as shown below "You can't validate the lease because some payments aren't approved or put on hold and have a due date that's before the amendme…
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💡Migration to Lease Accounting: Lease Accounting Migration Tools and Best PracticesSummary: Migration to Lease Accounting: Lease Accounting Migration Tools and Best Practices Content: This document provides an overview of Lease Accounting migration too…Bianca S -Oracle 376 views 1 comment 1 point Most recent by Deepesh Aravandekar -Oracle Lease Accounting
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Request Steps to migrate Existing Lease Assets to FA Book after complete related FA configurationSummary: Background: We have already enabled Lease Accounting and input Lease Assets, but due to lack of configuration in FA, we cannot search Lease Assets in FA, so is …
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If we utilize the reclassification process for short-term and long-term liabilitiesSummary: If we utilize the reclassification feature for short-term and long-term liabilities in the lease accounting module, will running the accounting process generate…
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lease accounting split accountingSummary: i booked lease with 2 different payment schedule in that case booking accounting is splitting in two different line , Total amount for ROU and lease Liability i…
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Impairment loss for a foreign currency leases is getting converted at the date of impairmentSummary: Need to understand the conversion date and rate logic used for lease impairment. For foreign currency leases, ROU asset and liability are converted from local c…