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
-
Need Assistance to Identify RolesHello All, We need your help to identify the privileges/roles required for the below ESS jobs. Import User Login History Optimize Browsing Category Hierarchy Performance… -
Process Lease Accounting 'Export to Payables' = NoSummary: Implications of NOT Exporting to Payables Content (please ensure you mask any confidential information): For a specific period, we do not want to transfer invoi… -
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 … -
What happens if Accrual process isn't ran for previous months and now Business wants to run it?Business has not ran the Accrual Process for Sep-24 through Nov-24, if they run it in Dec-24 close will it pull or create journals for closed periods?
-
Unable to create approval rules for Lease Accounting Module using the BPM WorklistI am unable to create approval rules and conditions using below attributes for approval work flow. responsibleUserName LeaseNumber abstractedBy accountClassification ame…
-
Generating Lease Payment Approval journals for maintenance portion with disabled Liability and ROUMy client has a requirement to use two lease templates for a single lease—one for the lease itself and another for the maintenance portion. According to Oracle guideline…
-
How do the balances in Reserve Account clear out?Summary: Hello, we are wondering how the balance in Reserve Account clear out? Content (please ensure you mask any confidential information): We are showing a balance ca…
-
Adding new Field in a standard screen (there is no Dff)Hello Community, I have a requirement in the Lease Accounting module. On the Review Properties screen , I need to add a new column to the table highlighted in red. There…
-
Lease Setup with Variable ScheduleSummary: The requirement is to have a Lease setup with a variable schedule with different rates. While setting up a lease for the requirement, Unable to enter the intere…
-
Created Lease in FLA, cannot see the asset mentioned in the asset tab in oracle fixed asset moduleSummary: Created Lease in FLA (Lease Accounting Module). But I cannot see the asset mentioned in the asset tab in oracle fixed asset module. Is there any way to transfer…
-
Implementing Lease Accounting without AR and AP Invoice and Payment GenerationSummary: Our Business requirement in Phase 1 is to create Leases(Amend, Terminate etc.,) without using AR and AP Integration and no lease asset creation. Currently we ha…
-
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 … -
Lease Revision Entry not generated in Create Accounting ReportSummary: We recently posted an amendment that changed the currency of payments from PHP to SGD. When we ran create accounting, we did not see a lease revision posted. Pl…
-
Does Intercompany Revenue Lease Accounting Invoice Process Work?Summary: A new Revenue Lease has been created with an Intercompany customer. The Lease is approved, and finalized. When running Process Lease Payments for Revenue Lease …
-
Predefined Reports for Revenue LeasesGood day, What are the predefined reports or subject areas that are related to the revenue lease, as the I found on the task panel are related to expense leases only? Re…
-
What is the attachment size limit and no of attachments limit that can be attached in a lease.Summary: What is the attachment size limit and no of attachments limit that can be attached in a lease contract. Content (please ensure you mask any confidential informa…
-
CPI indexation of Expense LeasesSummary: I am currently looking for an explanation on how to update multiple leases as there payments are dependent on the movement of CPI. I have read online that this … -
short term reclassification calculationSummary: need to know calculation for Reclassified Short Term Liability. user expected the last 12 months, it seems it is the 11 Content (please ensure you mask any conf…
-
Debit Rent account instead of lease clearing for invoices generated from Lease accountingSummary: We have a requirement where Rent account has to be debited in payable invoice instead of Lease clearing. Please suggest how we can achieve this requirement. If …
-
Sale and Lease Back Scenario in Lease AccountingSale and Lease Back Scenario in Lease Accounting, How will we decrease the Value of ROU.
-
Deep Link Issue in Oracle Lease Accounting moduleHello, I am reaching out to raise an issue regarding the deep links in Lease Accounting module as we are facing with the issue of Lease accounting deep link is not avail…
-
How to update Primary Accounting Standard form ASC842 to IFRS16Summary: How to update Primary Accounting Standard form ASC842 to IFRS16 Content (please ensure you mask any confidential information): Version (include the version you …
-
Interest Calculation on Quarterly basis not monthly basis in Lease accountingSummary: Interest Calculation on Quarterly basis not monthly basis in Lease accounting as Payment is on Quarterly Basis. But Schedule is calculating interest in Schedule…
-
Requirement to Create asset with amortization start and end date different than Lease term.Summary: Our Client has a requirement where has to create the lease term With Amortization Start date and End date (Asset Amortization to have end date different than th…
-
Are any customers experiencing issues amending a lease after 24D applied?Hello Lease Accounting community, Is anyone experiencing any issues amending a lease after 24D was applied in production? When we go to do a scope increase, we receive t…
-
Using budgetary control with lease accountingGood day is there any integration between lease accounting and budgetary control? Regards
-
What is an Accounting implication of 'Intercompany' compliance in Payment tab while Lease Creation?Summary: I want to understand if we consider to checkbox for Intercompany option under Payment tab while creation of Lease, what will be the impact on Lease Accounting? …
-
How to defined the system Reclassification Effective from Date in the system options setup?Summary: The system defined a Reclassification Effective from Date, but i do not know how Content (please ensure you mask any confidential information): Version (include…
-
ARO asset is crediting Lease Clearing accountSummary: Hi, We are leveraging the lease functionality for ARO assets - when we convert the ARO asset via FBDI the full amount is debited and then the credit is split be…
-
Bussiness Unit parameter LOV is not coming in 'Process properties and Revenue Lease Actions' processHi, 'Process properties and Revenue Lease Actions' process has Business Unit parameter, but the parameter LOV is blank and not showing any of the business units we have.…