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Lease Accounting
Discussion List
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Having unprocessed Lease Impairment transaction when closing GL period.Summary: Having unprocessed Lease Impairment transaction when closing GL period. Content (please ensure you mask any confidential information): Version (include the vers… -
how is "Location" data in Asset->Additional detail used in LA module?Summary: How is "Location" data in "Asset" -> "Additional Details" used in LA module and why do we have to set this? What issues might we face when use of dummy data for… -
We are looking for Revenue amortization for Lease Revenue.Summary: We are looking for Revenue amortization for Lease Revenue. Content (please ensure you mask any confidential information): We are looking for Revenue amortizatio…
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How the system calculates the leasing payment amendment adjustment?Summary: I need to know how the system calculates the amendment adjustment when it is an amendment that modifies payment with an increase. In the attached example the se…
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What is difference between lease date and document date?Summary: What is difference between lease date and document date? Is there financial impact for these two date? Content (please ensure you mask any confidential informat…
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Lease AccountingSummary: Business is Planning to implement Lease Accounting in Oracle Cloud. They have 7 Business Units under One Ledger with multiple legal Entities. The business requi…
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Is accrued asset account mandatory for revenue lease payment template?Summary: Is accrued asset account mandatory for revenue lease payment template? Content (please ensure you mask any confidential information): Version (include the versi…
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Is there is setup or control for AP invoice numbering which is generated after interfacing to AP.Summary: Is there is setup or control for AP invoice numbering which is generated after interfacing to AP. Content (please ensure you mask any confidential information):…
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Is accrual accounting process or accounting entry mandatory in lease accounting?Summary: Is accrual accounting process or accounting entry mandatory in lease accounting? Content (please ensure you mask any confidential information): Version (include…
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Editing a Standard Accounting MethodSummary: Hello, Can I edit a standard accounting method? I have standard accounting method assigned to my ledger however, the journal rule sets for lease accounting are …
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Purpose/use case for Accounting Classifications Finance & Operating Lease ?Summary: Details are not in the user guide. Content (please ensure you mask any confidential information): When creating a Lease, there are three classifications; Financ…
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what’s the difference between finance lease and operating lease?Summary: what’s the difference between finance lease and operating lease? Content (please ensure you mask any confidential information): Version (include the version you…
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What is Accrual definition on process type of expense process payment?Summary: 1 Navigation: expense lease payments>>process lease payments. a) What is Accrual definition on process type of expense process payment? b) Is it mandatory to ru…
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For supplier bank accounting information, how it is entered or catered in lease accounting?Summary: For supplier bank accounting information, how it is entered or catered in lease accounting? Content (please ensure you mask any confidential information): Versi…
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For customer bank account information, how it is entered or catered in lease accounting?Summary: For customer bank account information, how it is entered or catered in lease accounting when interface to AR? Content (please ensure you mask any confidential i…
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What is Sweep Accounting (Review Mode/Update Mode) definition on process type?Summary: Navigation: expense lease payments>>process lease payments. a) What is Sweep Accounting (Review Mode/Update Mode) definition on process type? b) Is it mandatory…
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What is process lease payment tieback on Revenue Lease Payment?Summary: What is process lease payment tieback on Revenue Lease Payment? Is it mandatory to run? Content (please ensure you mask any confidential information): Version (…
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Grouping Lease Payments to 1 Invoice Per SupplierSummary: I have 1 lease with multiple assets with the same payment schedules. Is it possible to group all due payments into 1 single invoice per lease? Content (please e…
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what are the definitions of option class of lease level and asset level?Summary: what are the definitions of option class of lease level and asset level? Content (please ensure you mask any confidential information): Version (include the ver…DL003 11 views 1 comment 0 points Most recent by Alvaro Montenegro- Product Management at Oracle-Oracle
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What are definitions for revenue methods of Lease revenue and non lease revenue?Summary: What are definitions for revenue methods of Lease revenue and non lease revenue? Content (please ensure you mask any confidential information): Version (include…DL003 12 views 1 comment 0 points Most recent by Alvaro Montenegro- Product Management at Oracle-Oracle
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What should be the start date that need to enter in the Lease for data conversion?Summary: Scenario A: Lease 1 starts JAN 1, 2000 - DEC 31, 2030 Migration to Oracle, JAN 1, 2025. a) What should be the start date that they need to enter in the Lease? b…
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Does the secondary accounting standard warrants an SLA customization in the secondary ledger?In Oracle Fusion Lease Accounting, we are currently exploring the implementation of two accounting standards; the secondary accounting standard would then be using a sec… -
How to add salvage value in Lease Accounting Module.Summary: How to add salvage value in Lease Accounting Module. Content (required): As per client requirement they did not see a salvage percentage value area in the asset… -
What are the definitions of line start date and first payment date on payment screen?Summary: Attached is revenue lease, what are the definitions of line start date and first payment date on payment screen. What are their difference? Content (please ensu…
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what are the mandatory setup for accounting classes on expense/revenue template?Summary: what are the mandatory setup for accounting classes on expense/revenue template? like 1. Non-Compliance Expense 2. Accrued Liability 3. Right of Use Adjustment …
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PV of Recoverable GST along with Lease PaymentsSummary: Content (please ensure you mask any confidential information): Users have a practice to include recoverable GST portion in lease payments and calculate Present …
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For milestone notification, can it be received by Email?Summary: For milestone notification, can it be received by Email? Content (please ensure you mask any confidential information): Version (include the version you are usi…
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what does it mean when lease version status is booked?Summary: what does it mean when lease version status is booked? And the lease cannot be amended. Content (please ensure you mask any confidential information): Version (…
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Is there a File Based to Amend (Revenue) Lease Contract?Summary: Is there a File based data Import to Amend the (Revenue) Lease Contract?, what I found at docs,oracle is related only to the (Expense) Lease. Content (please en…
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after renewal, the discount rate changed in original lease contract, how to handle this case?Summary: after renewal, the discount rate changed in original lease contract, how to handle this case? As once lease activation, the discount rate cannot be changed. Con…