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Lease Accounting
Discussion List
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System error. Please re-try your actionOur users reported running into "System error. Please re-try your action. If you continue to get this error, please contact the administrator" this morning when they tri… -
Lease Accounting integration with Capital Planning module in EPMSummary: Lease Accounting integration with Capital Planning module in EPM Content (please ensure you mask any confidential information): Is there any out of the box inte… -
Lease accountingHi My Collogues I have Created two lease Revenue Contracts and Import Them to AR Module, but we Discovered a Something wrong in Accounting, so we Could not Make any Amen…
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Lease AccountingHi Dears we are using lease Accounting Module, and we are facing this issue there is advance receipt from Customer in JUN-24 the Revenue lease Contract start date in Jul…
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How do we capture the Additional details in Lease Accounting Property MasterFor one of our client requirement, we need to capture the additional attribute details to be captured in Property master. Please let us know how can we add the additiona…
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Short term lease liability calculation - supporting documents neededSummary: Short term lease liability calculation - supporting documents needed Content (please ensure you mask any confidential information): We need your advice on short…Rajkamal.ravoor.pattabi-Oracle 31 views 2 comments 0 points Most recent by Rajkamal.ravoor.pattabi-Oracle
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Property Manager in FusionWe are using Oracle Property Manager in R12. Now we are moving to Fusion. As long as Proprty Manager is not available in Fusion. Then what other customers did. Moved to …
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Split depreciation accountSummary: How to split depreciation expense based on the percentage? Content (please ensure you mask any confidential information): Customer wants to split the depreciati…
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Are we able to delete a lease that was entered incorrectly?we need the ability to delete a lease that was entered incorrectly. Is this on a future release roadmap?
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What is lease invoice numbering nomenclature?Summary: We need to understand lease numbering nomenclature of how it is automatically processing the number, and any way we can change it? Content (please ensure you ma… -
what activities will trigger the accounting entries for Lease Revision event?Summary: what activities will trigger the accounting entries for Lease Revision event in version 24B? Content (please ensure you mask any confidential information): Vers…
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When Revenue will be recognized in the books of lessorIn Case of Revenue Lease, we are getting the below accounting entries In Lease accounting Module Receivables clearing DR Accrued Asset CR In Receivables Module Receivabl…
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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 …Sreekanth Uppala 41 views 1 comment 0 points Most recent by Alvaro Montenegro- Product Management at Oracle-Oracle
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How are customers migrating thousands of Leases with attachments?Summary: Data migration with attachments? Content (please ensure you mask any confidential information): I cannot see an option to upload attachments via the FBDI, and I…
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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…
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can we import DFF values from Lease accounting module to AP moduleSummary: can we import DFF values from Lease accounting module to AP module Content (please ensure you mask any confidential information): Version (include the version y…
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how to change export to payables from no to yes when processing lease paymentsSummary: Can you select Yes on Export to Payables when processing Lease Payments after selecting No for a particular lease? Content (please ensure you mask any confident…
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How would you perform a reversal of an impairment for prior years?Summary: Is there functionality to reverse impairments for prior years? What steps would the user have to perform to achieve this? Content (please ensure you mask any co…
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How can we associate multiple Leases to each other?Summary: We have a customer requirement to group Leases together, e.g. multiple car hire leases grouped through a Master Hire Agreement. I have thought of some potential…
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Stub Payment Journal in Wrong periodSummary: Hi Team, We have encountered one scenario and need some clarification on the same. We have one lease which end dated on 31/10/2023 and then it was terminated. H…
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I can't see the leases I created in the Fusion lease accounting module. How can I resolve this issueI can't see the leases I created in the Fusion lease accounting module. How can I resolve this issue?
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Entering manual contingent increase that gets expensed off as per ASC842Summary @rekha pillay-Oracle Can you please share steps on how to record a contingent payment increase (thats adhoc)? Please see below scenario: Lease start date = 1-Aug… -
How to get complete revenue amortization details?Summary: we would like to know how to get complete revenue amortization for revenue lease. currently only revenue recognised is stored in back end tables and not the com…
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Use of these events and journal lines in Lease module.Hello, What is the general use of these events in Lease Module ? • Lease Booking • Lease Expense • Lease Revision • Lease Payments • Lease Termination In addition to thi…
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ASC842 adoption prior to Oracle implementationOracle go-live is November 2024, plan is to convert the leases from the client's current application. All the leases start dates are 2020 and ASC842 standard was adopted…Yana 21 views 1 comment 0 points Most recent by Alvaro Montenegro- Product Management at Oracle-Oracle
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lease hold improvements and the right of the use balance? ASC842 standardHow does lease hold improvements get incorporated into the right of the use balance? (for 842 calculations)?
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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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Redwood will become a requirement/mandatory in the 25A release ?Client Villages has created a different landing page in Fusion Cloud Vertically (image below) using by Sandbox. They are anticipating that Redwood will become a requirem…
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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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Validate and activate multiple leasesAs part of conversion, we are bringing leases from Legacy application to Oracle lease accounting (OLA). Please suggest how to validate & activate multiple leases without…