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Lease Accounting
Discussion List
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Assets in terminated Contract not availableHI Dears When Terminated Revenue Lease Contracts, Assets in terminated Contract are not available again for a new revenue lease Contract, what is the recommended action … -
Ability to Renew Lease with next date and Version and not as an AmendmentSummary: Ability to renew a lease not as an amendment process Content (please ensure you mask any confidential information): Renewal of a lease is created as an amendmen…
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How to create Short term revenue leases with frequency less than monthOur Client has a business requirement to create short term leases for their Hostel facility with a term of 1 week or sometimes daily. Is there any feasibility to create …
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Managing Lease Schedules by Category for Reporting PurposesSummary: Need to maintain separate lease schedules by category for reporting in Lease Accounting. Content (please ensure you mask any confidential information): We are r… -
Ability to update payment schedule after lease end dateBusiness has a scenario where Lessee/Tenant Overstays in the premises. They want to update this payment information into lease without extending the lease term after the…
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query to retrieve lease detailsSummary: need to extract some Lease Details like the Location Content (please ensure you mask any confidential information): from the existing Leases, I need to know the…
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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… -
Lease Accounting - French LocalizationSummary: @rekha pillay-Oracle In Oracle Fusion Lease accounting, we have capability to have accounting as per IFRS and GAAP (ASC). But there are certain scenarios where …
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Oracle fusion Lease accounting requirement for ASC842 USGAAP standard for migration leasesSummary: Oracle Fusion lease accounting module question :- ( Not Lease asset module) 1)USGAAP for Secondary books requires us to upload the values separately as the Prim…
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Accounting Configuration forLease Accounting Invoices inPayables Based on Lease and Property DetailsHi All, We are doing POC on - 23C - Accounting Configuration for Lease Accounting Invoices in Payables Based on Lease and Property Details. We were referring oracle note…
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how to change Location in LeaseSummary: the Location in use by a Lease, can it changed with an Amend? it seems not able to do that, why? can I have a query to get the Location for each Lease, since no…
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how to deactivate discount rate index in lease accounting setupOrganization Name (Required - If you are an Oracle Partner, please provide the organization you are logging the idea on behalf of): UMNIAH Mobile Company Description (Re… -
Rent incremental by 2% every yearSummary: Abu Dhabi Ports enters lease agreements for 50 years where rent is to be increased 2% annually. How do I create payment schedule for this in Lease Accounting mo…
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Reserve Balance on RemeasurementSummary: @rekha pillay-Oracle When we are extending the lease and adding a new payment, in the revision entry, there is a difference between ROU and Liability which shou…
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Entering manual contingent increase that gets expensed off as per ASC842Summary @rekha pillay-Oracle Can you please share steps on how to record a contingent payment increase (thats adhoc)? Please see below scenario: Lease start date = 1-Aug… -
''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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Lease Option FunctionalityWe created an expense lease from 1 Jan 2022 - 31 Dec 2023. Recorded an Option for expansion of lease with the start date of 1 Jan 2024 and end date of 31 Dec 2025. When …
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Accounting Entries for Lease Amortization, Asset Addition, Termination, and Changes in PaymentsSummary: Seeking guidance on the accounting entries for monthly amortization, finance cost, new lease asset additions, asset terminations, changes in monthly lease payme…
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How to add new account name to payment templateSummary: We need account names added to our payment templates that are not available in the drop down. Can new names be added to a value set or lookup so that they're av… -
IFRS 16 - Lease Accounting Module Oracle Documentation, Entries, WorkbookSummary: IFRS 16 - Lease Accounting Module Oracle Documentation, Entries, Workbook Content (please ensure you mask any confidential information): Need an oracle document…
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Do we have any DFF's under Lease Payments tab in Fusion Revenue Lease AccountingFor one of our client requirements, we need to capture the Rent per unit for each payment lines. Do we have any DFF's under Lease Payments tab in Fusion Revenue Lease Ac…
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Interest calculation for lease starting mid monthSummary: Hi @Rekha Pillay-Oracle @Navin Gadidala-Oracle - Could you please help me for the below question. For the lease that is starting from mid of the month, amortiza…Kannan Radhakrishnan 50 views 1 comment 0 points Most recent by Alvaro Montenegro- Product Management at Oracle-Oracle
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Amortization Start Date is not available for exempt lease in secondary ledgerSummary: I am facing an issue in using "Exempt" feature Oracle recently introduced in 24C release. Because of historical reasons we are maintaining two leases for the sa…
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The Index Finder Month is unable to pick the value from Indexes uploaded.Summary: The Index Finder Month is unable to pick the value from Indexes Uploaded for expected Month. For example: the index finder month has been put up as -2 in FBDI u…
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Query to retrieve Opening Lease Liability calculations for Migrated LeasesSummary: Query to retrieve Opening Lease Liability calculations for Migrated Leases Content (please ensure you mask any confidential information): Per the Lease Migratio… -
Why cant we reclassify short term, long term for lease asset(ROU) amount?In LA module functions, we can reclassify short term, long term liabilities. As customer requirement, we want to reclassify lease asset(ROU) short term, long term as wel… -
Attach Lease Detail ReportHow to "Attach Lease Detail Report" on multiple Leases to change the Version Status from "Booked" to "Finalize "
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How to schedule create accounting for leases on Incremental End date parameters on daily basis.Summary: What End date needs to be selected in parameters if we have a schedule start date of 15th Oct 2024 to run this program on increment basis. Content (please ensur…
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How to get BICC extracts PVOs for Lease Accounting module ?Summary: Content (please ensure you mask any confidential information): Version (include the version you are using, if applicable): Code Snippet (add any code snippets t…
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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…