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Lease Accounting
Discussion List
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ASC 842Summary: Is it mandatory in ASC 842 to split the Lease Liability in the form of Short term (1) Lease Liability or is optional Content (required): Version (include the ve… -
Localization in Lease AccountingSummary: Do we have any localization feature enabled in Lease Accoutning? If someone has any experience around Localization requirements in projects ,kindly share. Regar…
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Is there a way to build a Custom BI Report similar to Lease Disclosures ReportSummary: Is there a way to build a Custom BI Report similar to Lease Disclosures Report Content (required): Version (include the version you are using, if applicable): C… -
Lease AP Payment Edit before TransmissionSummary: Hope you are doing well. I need to know can we make changes to the Payment Amount field in LEase Ap Inovice before it is transmitted to AP for Payment Processin…
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How are calculations are being made in Lease Disclosures ReportSummary: For the Lease Disclosure Report, manual journal entries are not appearing. Details are not being provided clearly in the report, and we are not able to specify …
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Lease Accounting Proccess flowSummary: Hello Team, Anyone has lease accounting process flow documented. If yes, Please share the same!! Thanks in Advance!! Content (required): Version (include the ve…
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Functionality of Tax Included option on Lease Payment schedulesSummary: What is the functionality of Tax Included option on lease payment schedules Content (required): We have created a lease payment schedule, assigned a tax classif…
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Lease ApprovalsSummary: Can we implement approvals in Lease Management on the basis of Asset Type i.e., either on Equipment Lease / Property Lease. Client does have a different approva…
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Is there a link between Fusion Contracts and Fusion Lease Accounting?Summary: Is there any way where the supplier contract is maintained within Fusion Contracts and the same is available for linking/ transactions in Fusion Lease Accountin…Atul Sadanand 41 views 1 comment 0 points Most recent by Alvaro Montenegro- Product Management at Oracle-Oracle
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Configuration Import/Export IssuesSummary: CSV import and export functionality and rapid implementation sheet both not working. Content (required): Having a lot of issues with the CSV export/import - loo…
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Sub LeaseSummary: Does the current product support Sub Lease Content (required): Customer has a business scenario of Sub Lease, can we implement the same i.e., can we map the sub…
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ERP Event – Release Highlights for Oracle Fusion Cloud Financials in 23A, Jan 18th, 9am PTRegistrations are open for the next ERP event Release Highlights for Oracle Fusion Cloud Financials in 23A If you have questions for this event, please post them here or…Maria Centeno-Cloud ERP-Oracle 61 views 3 comments 0 points Most recent by Maria Centeno-Cloud ERP-Oracle
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Does anyone have any configuration documentation related to Lease Accounting?Hello Everyone, We are interested in implementing the Lease Accounting module and are interested to see if anyone has a step by step guide with regards to configuration.…
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Lease Impairment Function Does Not Create AccountingSummary: We created a lease impairment transaction, but the transaction has not been accounted for in the GL and shows as unprocessed transaction. Content (required): Cr…
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Migration of open leasesSummary: Open Leases migration from legacy system to Oracle Content (required): Working on open leases migration and would like to understand / get inputs around payment…
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Lease ActivationSummary: Dear Experts, I have created property lease with lease start date as 2019-10-01, but not able to activate the lease. When am trying to activate the lease am get…
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lease amortization proration method 365 Days/YearSummary: Dear Experts, While creating lease amortization proration method, choices are as follows: • Days/Month • 360 Days/Year why 365 Days/Year is not available? Thank…Rajiv_Karande 111 views 1 comment 0 points Most recent by Alvaro Montenegro- Product Management at Oracle-Oracle
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How to not enter a supplier on a leaseSummary: Is it possible to create a lease with no supplier? Content (required): Setting up lease accounting to record one lease in a foreign BU. Payables integration is …
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Need the Lease Accounting Configuration workbook & Test ScriptSummary: We will implement lease accounting , Therefore i need configuration workbook ,Test script .TCM ..ETC. Content (required): Version (include the version you are u…
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Lease Liability report output blankSummary: Hello Team, When we are creating lease from User id, the output is blank, while if we run the same from Implementation user, it is providing output. any specifi…
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Financial Lease Amandement - Contingent and Non Contingent IncreaseSummary: Hello Team, When we have financial Lease Amandement, We have the option to provide the details of Contingent and Non-Contingent Increase. Can anyone provide the…
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Are Foreign exchange translations done for lease transactions?Summary: Does system support foreign currency translation of functional currency to reporting currency using weighted-average and month-end rates (in case functional cur…
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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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Ability to support lease payment "adjustments" in calculating/determining lease liability/ROUSummary: Requirement : Ability to support lease payment "adjustments" in calculating/determining lease liability/right of use asset (e.g. free rent, tenant improvement a…
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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…
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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 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 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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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 Lease payments be bifurcated in Fixed and Variable componentsSummary: Can we segragate lease payments in fixed and variable components Content (required): Version (include the version you are using, if applicable): Code Snippet (a…