To ensure that questions get required attention from community members and are NOT left unanswered, it’s important for the author to indicate (by selecting “Yes” or “No” when prompted) whether the question was answered. (newly added) Please note that it is also important to respond to EACH comment your question receives. Your Yes or No response ensures an accurate status for your question.
For more information, please refer to this announcement explaining best practices for getting answers to questions.
For more information, please refer to this announcement explaining best practices for getting answers to questions.
Lease Accounting
Discussion List
-
💡How To "Attach Lease Detail Report" On Multiple Leases?Summary: How to "Attach Lease Detail Report" on multiple Leases to change the Version Status from "Booked" to "Finalized"? Content: There is a quartz program that runs t… -
💡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…
-
💡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…
-
💡New RELEASE for LEASE ACCOUNTING: Periodic Compound Interest Calculations in 24DSummary: Periodic Compound Interest Calculations in 24D and Later Releases Content: Lease accounting, in accordance with IFRS 16 and ASC 842, calculates the right-of-use…
-
💡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…
-
💡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…
-
Update Index Finder Months for Existing Leases with Payment Increase AgreementsHello, I am working with Oracle Fusion Cloud Lease Accounting and facing an issue related to Payment Increase Agreements and index configuration. I have updated the Inde… -
Lease Accounting Payables Integration how to populate the created invoice header?Summary: We are in the process of testing/implementing the the Lease to AP Integration and currently see that created invoices headers are blank. Is there a setting that…
-
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 …
-
Invoice number doesn't appear in payment schedule after Process Lease paymentsIs there a set up i missed, what process i need to complete? Thanks -
Guidance Required for Lease Accounting Invoice Generation ApproachSummary: We are implementing a custom Lease Accounting extension to support a client requirement that is not covered by the standard process. The standard Lease Accounti…
-
Invoice number is missing in the lease module screenWhen I navigate to Lease > Schedule > Payment Schedule, I am unable to see the expected details. However, I can see the invoice number in AP module for the same lease. A…
-
Conversion Rate for foreign currency leasesSummary: Post 26A Patch, we have enabled the setup of Foreign Currency Lease Right-of-Use Asset Remeasurement as Measure Changes at Current Rate at system options level.…
-
Can Lease Accounting handle Intercompany transactionSummary: One of the Customer needs to know how lease accounting module can handle Intercompany transactions. There is an intercompany option available in payment templat…
-
Lease Accounting-ASC842-Purchase Option-AmortizationSummary: Implementing Lease Accounting module-Finance Lease-Purchase Option-as per ASC 842 we need to amortize Asset over the Useful Life of Asset but in Oracle we don't…
-
What should I do on this error in Validation tab of the Lease to process the lease payment?"The account code value for the Payables Liability account name doesn't exist in payment 1001 or the associated payment template."
-
how to upload payments for revenue lease via FBDISummary: how to upload payments for revenue lease via FBDI Content (please ensure you mask any confidential information): We noticed in doc that Process Properties and R…
-
How can we access Lease detail report for Previous versionsSummary: After Lease amendment/option exercise, Lease accounting will create new version. And after that new report will be attach to lease. How can we access the previo…
-
Why event Lease booking accounting entries not created?Summary: Lease booking accounting entries not created after running the create accounting program in 26B. Content (please ensure you mask any confidential information): …
-
Lease Accounting for Multiple Business Units and a need for having multiple Item Master OrgSummary: Implementing ERP and Procurement and the high level enterprise structure is One Ledger - Multiple Legal Entities -Multiple Business Units. With Lease Accounting…
-
Lease Accounting - CWB + Test Scripts + Business Process ModelSummary: Lease Accounting - CWB + Test Script + Process Flow Content (required): We are looking at replacing our legacy system for Lease with Oracle Lease Accounting, an… -
Configuration Workbook and Standard Test Cases for Oracle Fusion Lease Accounting ModuleSummary: We are implementing Lease Accounting Module. Please let me know where to get Configuration Workbook and Standard Test Cases for Oracle Fusion Lease Accounting M…
-
Lease Integration to Payables can invoice header description be autopopulated?We are testing the Lease Integration to Payables functionality and noticed that the Invoice Header in AP is blank. The line description is filled in. Is there a setting …
-
How can we default fixed asset lease creation to Finance leaseSummary: We are not using operating lease asset in oracle fusion. Is there a way for us to default the system to Finance lease when creating lease agreement Content (ple…
-
The lease amortization schedule is not extending till lease end dateI have created a lease with start date as 19/7/24 and end date as 29/6/34. I have created the asset and payments for the period. Then I have generated the payment schedu…
-
What role is required to run the report in Lease Accounting Folder?Summary: I'm receiving below error when trying to run the report under Lease Accounting Tab > Leases > Generate Lease Transactions and Balances Report "Exception in Exec…
-
Finance lease in Revenue Lease TYpeSummary: Hello, I require Customer Financing when it comes to cars in an organization. I believe it can be covered in Revenue Lease type (Finance Lease) which is current…
-
Early Buy Out - Lease - Fixed Asset ProcessSummary: Oracle ERP Cloud-Leases- in the Lease Accounting module, when you process the Early Buy Out options, you may have to create an Assets in the Fixed Assets module…
-
Lease Payment AccountingSummary: We are implementing Lease Accounting module. We do not want to generate invoices and integrate Lease Accounting Leases with Payables Module. The Users will crea…
-
Can we create Sublease without defining the property definitionSummary: Issue linking a Head Lease to a Sublease when "Require Property Definition" is disabled. Content (please ensure you mask any confidential information): Business…
-
Customization required in Lease Payment Approval ProcessHi Team, Customer wants to make 1. Parameters Default: 1. 1 Payments Processing - Approve 2.2 Export to Payables - Yes 3.3 Launch Import Payables Invoice - Yes 2. Mandat…
-
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… -
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…
-
Leases- ADFDISummary: Unlike like other modules (AP, FA, GL) why does the Lease module doesn't have the ADFDI feature, so user can add/amend leases via ADFDI Content (please ensure y…
-
Lease Amortization Schedules Extract - How to create an IFRS schedule based on ASC842 schedule?Summary: Our client only has ASC842 schedule enabled and would like to have an IFRS schedule. We would like to utilize Lease Amortization Schedules Extract to create the…
-
Allow Lease Asset FlagSummary: We are defining new Major/Minor Asset Categories with the category type as Lease and linking them to two asset books—one with the 'Allow Lease Asset' flag enabl…