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Lease Accounting
Discussion List
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Update Fusion Lease Contract status using APIsHi Team, We have a case for our customer that they have an external lease application which manage approval cycle between lessor and lessee and after the final approval … -
New lease feature in 23C: property information not available on Expense Leases?Summary: Is the new feature for defining properties and attaching these to lease assets only available for Revenue leases? The release notes do not suggest this but I ha…
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How do we prorate the payments for leases that start mid monthSummary: How do we prorate the payments for leases that start mid month? Content (please ensure you mask any confidential information): For a lease that starts mid-Janua…
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How can FLA module only account for Secondary LedgerHi Experts, Client use Primary Ledger to record before IFRS16 accounting entries, and Secondary Ledger to record IFRS16 journal entries now. Knowing that system can disa…
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Revenue Lease Property CombinationSummary: I am unable to use the same property type to create a different combination of property name and property level due to an error. Need to know the cause for the …
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Is there any way to record discount on Revenue Leases and amortize it over the lease termSummary: Our customer has few scenarios where they will issue a credit note for concession given which gets adjusted againt lease contract amount and revenue is recogniz…
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How to handle Asset depreciation and termination and retirement in Lease accountingSummary: Given the requirement to create an Equipment Lease only after setting up an item in Product Information Management, we've established a Dummy item for lease cre…
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Lease Transactions Approval and Import Approvals PreferenceIn our customer scenario all leases will be interfaced into Lease Accounting Module using FBDI. We want to understand if "Lease Transactions Approval" is set to "Enabled…
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Prevent Duplicate Leases during ConversionSummary: We need to migrate leases. However, Oracle does not provide the functionality to mass approve leases. We need to upload 1000+ leases and thus would like to do s… -
ROU and Liability check box is frozen after activation of Lease?Summary: Hi, We have created a lease with the ROU and Liability check box unchecked? Now we require to check those boxes as we need to add those cost to the ROU and Liab…
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Leases: Invoice being processed externally from a third-par source, how to link it to FLA?If we process lease invoice from a third part source, and then bring the invoice to AP module through API, how do we link it to lease module so that we get the invoice n… -
Payment Increase Agreement for Expense leaseSummary: How to define the Payment Increase Agreement with uplift change multiple times ? Content (please ensure you mask any confidential information): For example we m…
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Lease Accounting Payments Due on the 1st of the MonthSummary: Looking for advice on how to process payments that are due on the 1st of the month. Content (required): Our Lease payments are due on the 1st of the month which…
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Whether PR/PO Can be created for leased assetsSummary: For Leased Assets, our client expects PR/PO to be created, create receipt to receive teh item and then interface it to Lease Accounting Module Content (please e…
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Can I know the possibility of handling Security Deposits and refunds in Lease Accounting?Summary: Hi, Can I know the possibility of handling Security Deposits and refund of the security deposit at the end of the lease agreement? Content (please ensure you ma…
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What are the roles and privileges required to assign to lease user for creation of asset location?Summary: What are the roles and privileges required to assign to lease user for creation of asset location? Content (please ensure you mask any confidential information)…
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lease accountingSummary: Trying to create OTBI report for Lease accounting, but could not find the subject area for lease accounting. Content (please ensure you mask any confidential in…
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During Lease termination need to enter the Penalty amountSummary: During Lease termination need to enter the Penalty amount. Example. if the Party terminate the Lease before the end of Lease Term. Lessor wants to Penalize the …
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How to create equipment leases without items?Summary: I need to create equipment leases without the Items value which is a mandatory field requirement. Since the Items or Product information management is not insco…
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Payables Integration is disabled with Yes value in System Option of Lease AccountingSummary: System Option in Lease accounting is not allowing to change the value to no for Payables Integration System Option. Do we need any role to edit this back to val…
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Record Initial Direct Cost in Oracle Lease Accounting CloudSummary: We have a requirement where we need to record Initial Direct Cost in Oracle Lease Accounting Cloud. Content (required): We have created a one-time payment with … -
How to identify leases which are send for approvalSummary: How to identify leases which are send for approval
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Ship to address not available for lease assetWhen creating an asset in a revenue lease, the "Ship-to Site" is not returning any values for the customer. I know that values exist. Did I miss a configuration piece th…
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How to calculate late fees and interest on a lease paymentSummary: Can Oracle calculate late fees and interest on a lease payment? Content (please ensure you mask any confidential information): If a lessee is late on the lease …
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How to access following task pane activities of Lease Accounting from ESS Job ScheduleFollowing tasks or processes are accessible from Lease Accounting Task Pane only and cannot be submitted through ESS Job Scheduler as Action Type which appears is only "…
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Is there any way that we can handle Loan Payments on Lease Accounting module?Summary: Is there any possibility that we can use lease accounting module to handle Loan Payments? As we have the interest and amortization calculations as well? If poss…
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Recommended approach for making one-time adjustments to Lease Liability for migrated leasesSummary: Recommended approach for making adjustments to Lease Liability for migrated leases Content (please ensure you mask any confidential information): We have loaded…Janelle Azimullah-Oracle 11 views 2 comments 0 points Most recent by Alvaro Montenegro- Product Management at Oracle-Oracle -
Short term and long term Liability calculationSummary: Customer wants to know how oracle is calculating the Short term and long term lease liability amount. Content (please ensure you mask any confidential informati…
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Expected Performance of Option Added During Lease Contract CreationSummary: What's the standard performance for options added during the initial creation phase of the lease contract? Should it directly update the lease amortization sche…Chris Tong 21 views 1 comment 0 points Most recent by Alvaro Montenegro- Product Management at Oracle-Oracle
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Our customer has a requirement to have the same Lease liability and ROU.Summary:Our customer has a requirement to have the same Lease liability and ROU through out the lease period. Sample calculation has been attached. How to create the lea…Lavanya pothuru 22 views 1 comment 0 points Most recent by Alvaro Montenegro- Product Management at Oracle-Oracle