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Lease Accounting
Discussion List
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How do I configure Lease Numbering by Legal EntityHi, We have a requirement to use different Lease and Lease Asset numbers for different legal entities. I have set up the following document sequences: However I am unabl… -
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 Accounting Subledger Unavailable under Accounting MethodDescription (Required): We are configuring the lease accounting module for an entity which has a custom accounting method being a copy of "Standard Accrual with Encumbra…
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Automated Journal Entry For Reclassification of Lease Liability into Current & Non-Current Liabilitywe have to reclassify the lease liability into current and non-current liability. Upon following the procedure recommended to enable if from the "Manage Lease Configurat…
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Does Oracle Cloud Lease Accounting integrate with Fixed Assets automatically?We are implementing Oracle Cloud 25B and have a question if there is any out of box integration between the Lease Accounting module and Fixed Assets. Will the Asset info…
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Lease Amendment - Unique ScenarioSummary: Hi Team, I have one more question related to the lease amendment. Lease start date: 01-Jan-25 Lease end date: 31-Dec-25 Lease Monthly Amount: 1000 Lease Approve…
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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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I cannot find the contact after creating in lease Accounting Module.Hello Dear, I have created a custom role with all required privileges and roles as attached, however, after creating and finalizing a contract it does not appearing in t…
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Lease Accounting: How to create Operating/Exempt leases without asset detailsSummary: We have a requirement to record operating/exempt leases, without asset details in Oracle. However, Asset information is one of the mandatory information while c…
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FBDI Record Limits for Mass Lease Contract UpdatesWe are using FBDI to perform mass uploads and updates of lease contracts, including additions, terminations, and contract modifications. Could you please confirm: The ma…
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How to record a provision for DilapidationsSummary: Dilapidations Content (required): We need to record a provision for Dilapidations against a Lease. The Payment Template does not permit me to enter a payment wi… -
Lease Accounting – UF Monthly Revaluation Not Supported (Chile)We are implementing Oracle Fusion Lease Accounting (FLA) and have identified an issue with leases denominated in UF (Unidad de Fomento), which is commonly used in Chile.…
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Different GL Accounts for Lease Reassessment vs Lease Termination in Lease AccountingSummary: Lease Reassessment and Lease Termination events post accounting entries to the same Profit/Loss account in Oracle Fusion Lease Accounting. Is it possible to con…
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Why property type level cannot be selected from default values.Summary: Why property type level cannot be selected from default values. Content (please ensure you mask any confidential information): Version (include the version you …
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Lease Advance Payments for first 5 years for expense class leasesHi @Rekha Pilay-Oracle, 1. How to handle the advance payments made to a lease before the stat of the lease? Test case: Lease duration: 10 years Payment purpose: O&M (Ope…
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Impact of Disabling the Business Function Incentive Compensation Module.Summary: Impact of Disabling the Business Function Incentive Compensation Module. Customer not requires module Incentive Compensation, need impact analysis of disabling …
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Impact of Disabling the Business Function Customer Contract Management Module.Summary: Impact of Disabling the Business Function Customer Contract Management Module. Customer not requires module Customer Contract Management, need impact analysis o…
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Impact of Disabling the Procurement Contract ModuleSummary: Impact of Disabling the Procurement Contract Module Customer enabled the Procurement Contract Module as a part of Implementation but not in use. Need help in im…
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Net ROU on lease accountingSummary: We have a lease originally created in 2020 that we now wish to migrate to Oracle Fusion ERP in 2025 using the Net ROU method. Please advise on the correct proce…
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how to find index structure changes in the quarterly release noteshow to find index structure changes in the quarterly release notes Content (please ensure you mask any confidential information): Version (include the version you are us…
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Lease Transition capability as per Ind AS 116 and Security deposit recording as per Ind AS 109Summary: Leases: Transition capability/ working as per Ind AS 116 and Security deposit as per Ind AS 109 Content (please ensure you mask any confidential information): A…
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After creating a lease in Oracle Fusion ERP, it cannot be found when searching for the lease.After creating a lease in Oracle Fusion ERP, it cannot be found when searching for the lease.
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Open and Close Periods in Lease AccountingSummary: Lease Accounting doesn't have its own sub ledger periods. How to restrict the users not to create leases in a prior month/period. If we have a feature of Open a…
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Lease Amendment (Scope Decrease) using FBDI file Split optionHi @Rekha Pilay-Oracle, Summary: Lease Created Start Date: 04-Feb-2022 End Date: 03-Feb-2032 with below components: Rent O&M Access Fees Lease schedules generated and Fi…
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ROU and Lease liabilty should be calculated in different currencySummary:Out customer has a requirement to calculate the lease liability in foreign currency and ROU in Local currency. Eg: Ledger currency is PLN and Lease is entered in…
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How a difference between ROU and Lease Liability for migrated lease is clearedSummary: Hi, We are migrating the leases from legacy system (Property manager) to Fusion Lease Accounting. Quantum is more than 13000 leases. For migration, we are follo…
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Can the process lease accrual ability be segregated?Summary: We just want specific users to be able to to process lease accruals. We thought this could be accomplished by only having one role with the manage lease accrual… -
Use the Scope as Decrease scope and reduce to end of lease year.Summary: I’m trying to use the "Decrease scope" option to reduce the lease term to the end of the lease year. However, I’m unable to shorten the payment schedule in the …
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Lease Accounting for secondary ledger issue.We have two Business units, i.e., the US business unit and the India business unit, and two Primary ledgers were available for one US and another India. We created multi…
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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 …