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Lease Accounting
Discussion List
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Finance lease in Revenue Lease TYpeSummary: Hello, I require Customer Financing when it comes to cars in an organization. I believe it can be covered in Revenue Lease type (Finance Lease) which is current… -
How can we default fixed asset lease creation to Finance leaseSummary: We are not using operating lease asset in oracle fusion. Is there a way for us to default the system to Finance lease when creating lease agreement Content (ple…
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Early Buy Out - Lease - Fixed Asset ProcessSummary: Oracle ERP Cloud-Leases- in the Lease Accounting module, when you process the Early Buy Out options, you may have to create an Assets in the Fixed Assets module…
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Lease Payment AccountingSummary: We are implementing Lease Accounting module. We do not want to generate invoices and integrate Lease Accounting Leases with Payables Module. The Users will crea…
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Leases- ADFDISummary: Unlike like other modules (AP, FA, GL) why does the Lease module doesn't have the ADFDI feature, so user can add/amend leases via ADFDI Content (please ensure y…
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Lease Amortization Schedules Extract - How to create an IFRS schedule based on ASC842 schedule?Summary: Our client only has ASC842 schedule enabled and would like to have an IFRS schedule. We would like to utilize Lease Amortization Schedules Extract to create the…
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Allow Lease Asset FlagSummary: We are defining new Major/Minor Asset Categories with the category type as Lease and linking them to two asset books—one with the 'Allow Lease Asset' flag enabl…
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How to Review Future Scheduled Lease Liability and Amortization AmountsI would like to ask about the Lease Transactions and Balances Report in Oracle Fusion Lease Accounting. Our understanding is that this report outputs only the amounts fo…
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Fusion Lease Property_three-level parent-child hierarchy registration throws an errorSummary: Fusion Lease Property registration throws an error when attempting to register a three-level parent-child hierarchy Content (please ensure you mask any confiden…
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Lease prepayment and extra payment before or after lease endingSummary: How to process Lease prepayment and extra payment before or after lease ending? Content (please ensure you mask any confidential information): 1.Prepayment 2.Ad…
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How to incorporate intercompany in leases moduleMy client is into inter-company leases properties. What DFFs are required to differentiate Inter company leases properties from other leased properties. What setups and …
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Leasing Accounting vs Oracle EBS Property ManagerSummary: Oracle Fusion Lease Accounting Vs Oracle EBS R12 Property Manager Content (please ensure you mask any confidential information): Recently I realized that Oracle… -
Derive correct company value based on Legal EntitySummary: In the current design, we have multiple legal entities in one business unit. In the Lease Accounting module, I could write an SLA rule based on legal entity and…
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Lease Schedule as per the Required CalculationsSummary: We are planning to Implement Lease Accounting Module. Currently our Leases are maintained in excel Spreadsheet. We have done the required setups and created a L…
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Can you change the Liability Reclassification Method after lease module has gone liveSummary: When Lease Accounting went live, Liability Reclassification Method was set to Short Term Present Values. It has been a few months since we've been using the mod…
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Process Lease Accounting Invoices missing from Correct Import Errors tableSummary: To give a quick overview of the issue: Business Users ran Process Lease Accounting on April 30 where it will be Processed to AP but not yet imported Before Impo…
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What should be the data conversion level for Secondary Ledger to work?Summary: What should be the data conversion level for Secondary Ledger to work? Is there any Oracle documentation about it? Content (please ensure you mask any confident…
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Action LOV not populating any value while importing Properties in Lease AccountingSummary: We are facing issue where while importing properties in Lease Accounting, no value is coming in the "Action Type". Although Business Unit & Process ID parameter…
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configure approval group by DFF and user can select the approverSummary: Currently for LA approve, users just click submit for approval in the actions of Lease Accounting Contract. The finance team would like to allow users to select…
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Add new accounting standards or update the names for current onesSummary: Currently there are 3 accounting standards in the value list when i define system options for lease accounting: ASC842/IFRS16/Japanese GAAP. Are these values be…
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Can we create Sublease without defining the property definitionSummary: Issue linking a Head Lease to a Sublease when "Require Property Definition" is disabled. Content (please ensure you mask any confidential information): Business…
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Does oracle supports IFRS 15 for Lease Accounting ?Hello, Does oracle support IFRS 15 for lease accounting ?
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Cannot select Business Units by priviledge "Manage Lease Configuration".I added "Manage Lease Configuration" priviledge and add the Business Unit Data Security Policy. However, when the user which have this role access to Configuration Task"… -
You must enter a valid context for the ORA_LEASE_ACCOUNTING flexfieldSummary: I am facing an issue while importing Revenue lease invoices after approved them but import invoice programe is showing an error "You must enter a valid context …
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How Can I add 2 Payments Increase Agreement under One Payment Line in Fusion Lease AccountingOur case makes us that we need to add 2 Payments Increase Agreement or more under 1 Payment line, and system didn't allow us to link the second Payment Increase agreemen… -
Request for Confirmation on Lease Scope Reduction and Payment Amendment After Invoice CreationSummary: The lease payments have already been approved, and the “Process Expense Lease Payments” process has been executed, resulting in the creation of an invoice. Coul…
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Rollback of Lease Accounting Payments in Oracle FusionSummary: We executed the “Process Expense Lease Payments” program in Oracle Fusion without specifying a lease number. As a result, invoices were generated for all eligib…
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What is the difference of Invoice Source = Lease Management , Lease Accounting?Summary: I understand that when an Expense Lease is approved and imported into Payables, the invoice source is Lease Accounting. However, what is the purpose of Lease Ma…
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Net ROU and Accrued Asset Balance from EBSSummary: Need query to fetch Net ROU Balance & Accrued Asset Balance. Content (please ensure you mask any confidential information): We are in process of migrating prope…
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Ability to upload discount rate index using RI sheetSummary: Ability to add Discount Rates on existing Discount Rate index using RI sheet. Content (please ensure you mask any confidential information): Can we add discount…