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Lease Accounting
Discussion List
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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… -
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 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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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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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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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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Can we use Revenue lease feature without enabling Receivables IntegrationSummary: Our Client normally creates an Advance invoice even before the creation of Lease Agreement and before the expiry of existing lease. The existing functionality o…
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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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How to capture Asset Retirement obligation in Lease AccountingSummary: Asset retirement obligation is a legal or contractual obligation to dismantle and remove an asset and to restore the site in which it is located on retirement o…
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when payment date is earlier than lease start date, how to handle this case?Summary: when payment date is earlier than lease start date, how to handle this case? for example, Lease Start Date: 20/09/2022 Lease End Date: 19/09/2024 Payment Start …DL003 1 view 1 comment 0 points Most recent by Alvaro Montenegro- Product Management at Oracle-Oracle
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How Lease Liability on Terminated Leases Is CalculatedSummary: How Lease Liability on Terminated Leases Is Calculated. We are using separate accounts for long term liability, short term liability and lease liability on paym… -
Allocating Quarterly Payments to monthsSummary: Hello, I have to pay lease payments monthly. As a result i made the payment template quartely with an amount to be paid on quarter. However, I want this quarter…
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Intercompany Leasing in Lease AccountingHi Oracle Community, We would like to know about Intercompany leasing capabilities in Oracle Fusion Application in Lease Accounting. Currently, we see that Oracle Fusion… -
is it possible to build data segregation by one level down the BU level? For example by department?Summary: Is it possible to build data segregation by one level down the BU level? For example by department? The current security segregation is by BU in Lease, but by d…
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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 apply a on account credit memo created for revenue lease automatically to a lease invoiceSummary: We were able to create a credit memo from lease accounting module for revenue leases. However this is getting created as an On Account and is not getting applie…
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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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Update CCC with an identifier whether the question relates to Expense Leases or Revenue Leases?Summary: Asking for an enhancement to CCC to be able to identify CCC posts with Expense Leases, Revenue Leases, common configuration Content (please ensure you mask any …
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Lease accounting - one off increase payment on Expense LeaseSummary: How to increase payment for one off only, the rest remain no change ? Content (please ensure you mask any confidential information): Can not enter one off incre…
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''Generate Lease Transactions and Balances Report'' not able to select period less than 12 monthsHi Team, In Lease Accounting, Leases→''Generate Lease Transactions and Balances Report'' when we run this report, we not able to select period less than 12 months. any h…
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How does oracle calculate the short term lease amount?Summary: We're having trouble understanding how Oracle calculates the short term lease amount. Oracle might be using the PV method, where we're closer to the interest re… -
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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Scheduled job to apply before BIP output in LA moduleHi team, For BIP output in FA, applying "Extract Assets Reporting Data" scheduled job is necessary. Are there any scheduled job to apply before BIP output for LA module?… -
Duty role to access report related tasks in LA moduleHi team, We are creating readonly role, with access to generate report tasks for LA module. Are there any duty role that grant access only to report related tasks in scr…
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Add prefix/starting value for Invoice ID for lease accounting invoicesSummary: We found that when we run payments to create lease accounting invoices, Oracle will sometimes create invoice_IDs in the interface tables that are already in tha…
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How to change short term liability calculationSummary: On document 2934738.1, there is mention of PV calculation vs interest reduction method. How do you change the methods in Oracle? Also, can you confirm that PV m…
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cannot find any default segment codes for Manage subledger journal entry rules setsSummary: Why cannot find any segment rule values for Manage subledger journal entry rules sets? For example, company codes…etc. pls help advise Content (please ensure yo…
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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… -
Using Interest rate on Revenue LeaseSummary: Hello, I have a requirement to use 2% interest rate on revenue lease. Is this possible in oracle Lease Accounting Module? Content (please ensure you mask any co…
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IS GASB 87 available for Revenue LeaseSummary: Hello. I have a requirement to use Revenue Lease according to GASB 87. Moreover, I want my revenue lease to incorporate and interest amount too. I went through …