Lease Accounting
Discussion List
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Is there a provision to enable tax calculations on payments within lease automatically?Summary: Is there a provision to enable tax calculations on payments within lease automatically? Content (required): Version (include the version you are using, if appli… -
Are Lease accounting entries same for IFRS 16 and ASC842?Summary: Are Lease accounting entries same for IFRS 16 and ASC842? Is there any accounting event where entries would be different? Content (required): Version (include t…
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Can we see the details of ROu Asset, Liability in Reporting Currency in Lease Accounting?Summary: Can we see the details of ROu Asset, Liability in Reporting Currency in Lease Accounting? Content (required): Version (include the version you are using, if app…
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Can we capture an asset for a lease under lease accounting module ?Summary: Requirement : Ability to capture an asset for a lease Content (required): Does system automatically creates the asset in FA if we add asset under lease in Lease…
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Is it possible to designate different discount rate for same lease under US GAAP & IFRS ?Summary: Requirement : Ability to designate different discount rate for same lease under US GAAP & IFRS due to a modification and accounting handling between methods are…
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Is it possible to view for the same lease differently under US GAAP & IFRS ?Summary: Requirement : Ability to view for the same lease differently under US GAAP & IFRS (e.g., index/rate reassessed when cash flow changes under IASB, but generally …
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Can I view all recently completed lease activity - additions, terminations, amendments, etc.Summary: Ability to view all recently completed lease activity - additions, terminations, amendments, etc. for a month to support a roll forward Content (required): Vers…
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Can we have multiple payment templates per lease?Summary: Can we have multiple payment templates per lease? Content (required): Version (include the version you are using, if applicable): Code Snippet (add any code sni…
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Invoices are not getting generated from financial leaseSummary: Invoices are not getting created for Finalized financial leases even after running scheduled processes. Content (required): After lease status is changed to 'Fi…
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Lease Accounting : Discount Rate Index Decimal PlacesSummary: Lease Accounting : Discount Rate Index Decimal Places Content (required): Lease Accounting : Discount Rate Index Decimal Places are rounding off to three decima… -
Best way to deal with 'Make Good Provision' for property leases?Summary: We are implementing the Lease Accounting module and wondering how other customers have found is best to manage accounting for the make good provision on propert…
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Deferred Rent Balance for Migrated, Pre 842, leasesSummary: Client is converting leases as of 842 adoption date, 1/1/22, and has deferred rent balance that must be used to adjust ROU asset balance. Essentially, on 1/1/22…
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Few Questions around GASB87-Lessor AccountingExperts/Users of Lease Accounting, Can you please share your thoughts around the following items for GASB87-Lessor Accounting? All leases under GASB87, I presume are goi…
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Item Master guidanceSummary: We are trying to configure Lease Accounting in a DEV region, but are stuck at the Item Master requirement. Can anyone provide the steps needed to create a simpl…
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How companies are handling lease modifications considered seperate contractsSummary: When a lease modification meets the requirements to have the "accounting treated as new contract" but it is not a separate contract from a legal perspective as …
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Lease Accounting future RoadmapSummary: We are implementing Lease Accounting for our Business and looking the Lease Accounting future roadmap. I was checking and realized the following capabilities ar…
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Lease Accounting : Unable to update the lease accounting distributions under Payment Headers OptionsSummary: Lease Accounting : Unable to update the lease accounting distributions under Payment Headers Options Content (required): We are using the FBDI Template to downl…
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Current and Non-Current LiabilitiesSummary: Hi Team, Legislatively, there is a requirement to split the current and non-current portions of right-of-use assets and lease liabilities. Can you please confir…
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Import of Mid-life leases using FBDI TemplatesSummary Import of Mid-life leases using FBDI TemplatesContent Hi, In the last cloud connect session on Lease Accounting, it was stated that in Release 21B, there would b…
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Consolidate information or Reports for LeasesSummary: Lease Accounting Consolidate Report Content (required): Hello Team We have multiple business units which are using lease accounting module. We are looking for b…
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Lease DeletionSummary: Can anyone help on how to delete a Lease created manually in the UI. Content (required): Version (include the version you are using, if applicable): Code Snippe… -
Lease FBDI running into error - You must enter a valid legal entitySummary: While importing the Lease FBDI for BRL BU, There is a Legal Entity which has special characters (Ê) but defined as the same for American Language. When that Leg…
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Does Lease Accounting currently support GASB87 standards?Summary: Does Lease Accounting currently support GASB87 standards? Content (required): Does Lease Accounting have the required functionality to meet the new GASB87 accou… -
What is the use of the "Index Finder Months" in the payment increase agreement template?Summary: Our customer has a requirement to increase annually their contracts, but the index is know at the end of the month and they pay the month in advance, whereby th…
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How to create a view only Lease accounting Role ?Summary: How to create a view only Role for Lease Accounting that also provides a user access to run the following reports: i) generate lease liability analysis report i…
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Lease Ending with a balance in Open LiabilitySummary: I am experiencing an issue with leases ending with a Open liability balance in one enviro vs another. I have verified that both leases are setup the exact same …
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Is Reduction of Lease Term Scope Reduction?Summary: When the lease term is reduced, currently Lease Accounting treats that as Scope Reduction. This was solutioned as IFRS16 examples. Now it has come to our notice…
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How to mass hold/dummy pay payments in lease accountingSummary: Trying to find a way to mass process payments, without sending to AP Content (required): Created equipment leases in lease accounting module, but the payments f…
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You must enter a valid location Error - While loading the Lease FBDISummary: While loading the Lease FBDI, I enter a valid & Defined Location code but the Lease Import is getting Rejected and showing - You must enter a valid Location. Co…
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What table stores manual payment information?Summary: Need to know what table holds payment information for manual payments. I don't see anything listed in support documents. Content (required): Need to know what t…