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Lease Accounting
Discussion List
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Overlapping amends/terminations are not allowed in Revenue LeasesSummary: Overlapping amends/terminations are not allowed in Revenue Leases. Business Requirement:- When I terminate an asset from a lease, the system does not allow me t… -
Calculate Interest Expense in LDRHello, \ I am trying to calculate interest expense but it does not match the LDR. The reason is number of days used in the calculation. The calculation is done like numb…
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When a lease is amended, the lease status sometimes does not change from Booked to FinalizedSummary: Could anyone from community can help to confirm this system behavior ? Root Cause: When a lease is amended by adding multiple payment schedules, the lease statu…
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Multiple Revenue Lease Agreements On One PropertySummary: Is it possible to have multiple revenue lease agreements on one property? Currently, there is only a one-to-one association between property and revenue lease a…
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Interest Calculation for Payment due date is different to payment date in leaseSummary: Lease payments are created monthly with payment date as 1st of the month and payment term kept as net 10 by which payment is due on 10th of every month. Therefo…
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How-to add ORA_FLA_PAYMENT_FREQUENCYHow can you add a new Payment? Under manage standard lookups, the lookup type ORA_FLA_PAYMENT_FREQUENCY is visible but the + button within the lookup code section is not… -
Can we customize Process Lease Actions report.(Generate Lease Transactions and Balances Report')Can we customize Process Lease Actions report.(Generate Lease Transactions and Balances Report') Need to customize Process Lease Actions report as per client requirement…
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Support for update to the Item Master in System OptionsSummary: Support for update to the Item Master in System Options Content (please ensure you mask any confidential information): My customer wants to change their Item Ma… -
What's the Accounting Logic when Exercising a Renewal Option on a Lease?Summary: What's the Accounting Logic when Exercising a Renewal Option on a Lease? Content (please ensure you mask any confidential information): After exercising a Renew… -
Lease Accounting Approval historyCan we see Lease Contract Approver history on Lease Contract? Like who is the next approver or Who all approved the lease with comments? We can view in transaction conso…
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Long/Short Term CalculationHello, Need to know the lease accounting module behavior about the Long/Short Term reclassification Calculation -
new lease numberSummary: hello , how new lease number is assigned? when creating a new one for a specific Business Unit, the latest was 26001, then created 2 new, the numbers are 28010 …
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Unable to amend lease contract payment header DFFSummary: I am trying to update the payment header DFFs on a lease contract with the LeaseContractAmendTemplate FBDI template. However, I always get the following error: …
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issue in updating the lease accounting propertiesHello Dears, When attempting to update the property data for a lease property in Oracle Fusion using FBDI, the Process Properties and Revenue Lease Actions process compl…
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Use of Reserve account in Lease AccountingSummary: Hello, I was under the impression that reserve is only used at the time of booking when ROU and Lease Liability isn't equal. However during amending my lease fo…
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Lease amortization schedules extract missing bigger report?Summary: We're exploring the lease amortization schedules extract and we were expecting a more detailed report. Is the text file report the final result? It looks like j… -
Is there any control or validation on the PO linkage with the lease contract?Summary: We are currently utilizing the Lease Accounting feature, which allows us to associate a lease contract with a specific PO number and PO line. My question is reg…
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Disable seeded lookups on ORA_FLA_PAYMENT_FREQUENCYSummary: We only deal with monthly leases. To avoid confusion, we want to disable annually, quarterly, etc. as options to pick when creating leases. It looks like it's n…
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Lease Accounting DocumentationHello, i need to know if there is standard documentation of Configuration Workbook, Business Process Model and Test Script for Lease Accounting module. Thanks!
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Manage Subledger Application Transaction ObjectsSummary: How to add Line Transaction Objects to Header and Vice Versa for Fusion Lease Accounting Module to get data in "Description Rules" Content (please ensure you ma…
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How to make the 'Rate Adder' conditionally Required?Summary: How to make the 'Rate Adder' conditionally Required? Content (please ensure you mask any confidential information): The 'Rate Adder' field is not mandatory in s…
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How to change Invoice sequencing for Lease Accounting Invoices.Business need to change Invoice No. Sequence which is generating special character for lease accounting Invoices. Currently based on payment template we enable generate …
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How do we add an off-market component to an acquired lease contract?Summary: Client has acquired multiple leases when they acquired another company. They have an off-market component that reduces the Right-of-use for most lease assets. W…
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Lease Accounting - Load Open LeasesWe are currently implementing lease accounting module and planning to upload the open leases to the system. For all the open leases history is required from the lease st…
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Cannot select ledger when processing "Create Accounting" for LAHi Team When processing "Create Accounting", cannot select ledger which already has lease created in the related BU. We have other BU-Ledger that has same DAS and settin… -
Utilities chargeable to tendant in Lease AccountingWhere an asset is let to a tendant, there are utilities that are chargeable to tendant. What options are available to set up this process in Lease Accounting?
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How to Add Lease Start Date to AP Invoice Line Description?Summary: How to Add Lease Start Date to AP Invoice Line Description? Content (please ensure you mask any confidential information): Now when the lease payments are inter…
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How can we handle Variable monthly lease payments along with Base Rent Payments in Lease AccountingWe have a requirement to include certain variable monthly expense payments alongside the base rent payments in lease accounting. Here’s what I’ve tried so far: Created a…
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Which data security policy is needed to create Read-Only role for Lease Accounting Module?Hi team, Customer requirement is to only view created lease by other user and the user with view only role cannot create new lease. I have added view lease contract func…
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Lease booking and Lease amendment questionSummary: We received a requirement from the client stating that for lease booking and lease amendment, 5 levels of approvals are required, but for lease termination, onl…