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Lease Accounting
Discussion List
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💡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…
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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…
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💡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…
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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…
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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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Oracle Fusion Lease Accounting DFF to Oracle Fusion Receivable Line Transaction Flexfield ConfigFor Oracle Fusion Lease Accounting, is it possible to add a DFF in the schedule payment (before automatically generate it into AR Invoice), whereas the DFF will be inter… -
Why accounting entries get generated for Purchase Option not yet exercised in Lease Accounting?Summary: Need to understand why accounting entries (Lease booking, Lease Expense (interest and amortization) and Payment approvals) get generated for Purchase option? Sa…
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Can you change the Liability Reclassification Method after lease module has gone liveSummary: When Lease Accounting went live, Liability Reclassification Method was set to Short Term Present Values. It has been a few months since we've been using the mod…
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Does Oracle Fusion Lease Accounting DFF/s Interface to Oracle Fusion Receivables DFF/sFor Oracle Fusion Lease Accounting, since the AR module currently doesn’t support withholding tax calculation as a standard feature, there is also a gap in FLA. We know … -
Lease transaction and balance report for a specific month and Opening Balanc ROU is not reflectingSummary: I tried generate the report "Lease transaction and balances report" for the month of Aug in the prod, but it ended up running with the ROU accounted opening bal…
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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…
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enable generate invoice in oracle lease accounting without effecting the old invoicesSummary: Hi, am uploading an expense lease with generate invoice flag No, and later when am amending the contract and enable the generate invoice flag as yes, the system…
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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… -
Manage Expense Payments-do you have any program to do it or there is any API for it?Summary: We have high record of lease data which needs to be Approved, Draft or Hold Bulk lease payments records in Manage Expense Payments in one go, do you have any pr…
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Lease is impaired now need to reverse the impairmentWe come across several scenarios, where the auditor asks to do an impairment and once after the business recovers for that property, the impairment is asked to be revers…
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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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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… -
adjustments and lease hold improvements for converted leases ( ASC842)How do the adjustments and lease hold improvements get incorporated into leases that we are converting from the legacy system? The adjustments and lease hold improvement…
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Unable to update Lease Management System OptionsSummary: Unable to update Lease Management System Options - Initially we have enabled the Receivables Integration option as 'Yes' in Lease Accounting system options and …
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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… -
Lease Accruals is not appearing under process lease accountingwhile navigation through lease accounting module Home→Lease Accounting→Leases→Tasks→Process Expense Lease Payments→Process Type, under process type, it is just showing l…
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How to amend the discount rate on a specific payment on the lease?Summary: we have a requirement from the customer to amend the discount rate index on one of the payments in the lease and keep the original rate on other payments. Is th…
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"Reassign" Action Is Not Available for Pending FinLeaseApproval TasksSummary For the Lease Accounting approval task FinLeaseApproval, the Reassign action is not available in the Actions menu for a pending task. Environment Oracle Fusion C…
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In Lease Accounting module, need a way to identify accounting matches with Legacy AP InvoiceIn Lease Accounting module, Generate Invoices option is unchecked in system option. Which means AP invoices will not be generated. Right of Use and Lease Liability are …
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How to handle revenue leases in Oracle?Because revenue lease creation in Oracle Asset Leases is not available, does anyone have a workaround for handling revenue leases? The business has revenue leases and wo… -
Advance payment of base rent in Lease AccountingWe have a situation where the rent is paid in advance for two months, how can we enter this transaction in lease accounting. E.g. For an existing lease, payment of $18,0…
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Base Rent Abatement in Lease AccountingWhen customer get into a new lease, the first month of the rent is free (rent abatement). For Example: A lease starts in 01-Jan-2026 of amount $10,000 and end on 31-Dec-…
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How to handle scenarios of Security Deposits in Lease AccountingWe have few scenarios and queries that apply for Security Deposits in Lease Accounting module. We want to know what should be the standard practice to handle such situat…
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Lease TerminationSummary: Let's assume, I have a Lease with a Start Date June-01-2026 and End date as May-31-2028 and monthly payment as 300 $ and all Payments are marked in Advance. Sys…
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is there any setup for AR transaction type for revenue lease invoice?Summary: The oracle standard transaction type for revenue lease AR invoice is "ora_lease_invoice". We have 7 BUs in lease accounting module, like BU01, BU02…BU07. How to…
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How oracle handle the non lease revenue payments ?Summary: In Oracle Fusion Lease Accounting, if electricity charges are configured as Non-Lease Revenue, will the system generate revenue amortization entries over the co…
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What are definitions for revenue methods of Lease revenue and non lease revenue?Summary: What are definitions for revenue methods of Lease revenue and non lease revenue? Content (please ensure you mask any confidential information): Version (include…
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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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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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Feasibility of Deep Link Navigation Between Enterprise Contracts and Lease Accounting ModulesOrganization Name (Required - If you are an Oracle Partner, please provide the organization you are logging the idea on behalf of): Telenor Towers Norway AS Description …