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Lease Accounting
Discussion List
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I cannot find the contact after creating in lease Accounting Module.Hello Dear, I have created a custom role with all required privileges and roles as attached, however, after creating and finalizing a contract it does not appearing in t… -
When terminating a Lease, the option “Current Period Liability” affects what table?Summary: When we are retiring/terminating a Lease we get a checkbox for “Current Period Liability”; I want to understand that if we check that option where is that choic…
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Generate Lease Accounting Prepayment Invoices and Revenue Recognition with Tax RequirementGood day, Users have a legal requirement to report tax to the tax authority when one of the following comes first, Customer bill, Customer advance, or revenue recognitio…
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Asset sequential numbering needs to be set in alphanumeric formatSummary: We need asset numbering in lease accounting to be automatic and alphanumeric. Seeded document sequence allows numeric format only. Content (please ensure you ma…
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Different GL Accounts for Lease Reassessment vs Lease Termination in Lease AccountingSummary: Lease Reassessment and Lease Termination events post accounting entries to the same Profit/Loss account in Oracle Fusion Lease Accounting. Is it possible to con…
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Open and Close Periods in Lease AccountingSummary: Lease Accounting doesn't have its own sub ledger periods. How to restrict the users not to create leases in a prior month/period. If we have a feature of Open a…
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Lease Migration - How to Clear the Balance in the Reserve AccountSummary: As part of the Open/Active Leases migration the ROU balance is migrated as per the legacy system and the Lease Liability is discounted after the amortization st…
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How do I configure Lease Numbering by Legal EntityHi, We have a requirement to use different Lease and Lease Asset numbers for different legal entities. I have set up the following document sequences: However I am unabl…
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Can the process lease accrual ability be segregated?Summary: We just want specific users to be able to to process lease accruals. We thought this could be accomplished by only having one role with the manage lease accrual… -
Lease Amendment (Scope Decrease) using FBDI file Split optionHi @Rekha Pilay-Oracle, Summary: Lease Created Start Date: 04-Feb-2022 End Date: 03-Feb-2032 with below components: Rent O&M Access Fees Lease schedules generated and Fi…
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After creating a lease in Oracle Fusion ERP, it cannot be found when searching for the lease.After creating a lease in Oracle Fusion ERP, it cannot be found when searching for the lease.
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Lease revision and lease terminate Exchange gain or loss split to two different lines Gain and LossSummary: Is it possible to split Lease revision and lease termination Journal line rule ''Exchange gain or loss'' split to two different lines : Debit Loss - with accoun… -
FLA: How to handle the Lease related Operating expenses (Operating & Maintenance or dismantling costSummary: Hi Team, Lease related rent is liability--> Once the payments are done the liability will decrease or come down like (RoU, Int & Deprn). My requirement: How to …
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Net ROU on lease accountingSummary: We have a lease originally created in 2020 that we now wish to migrate to Oracle Fusion ERP in 2025 using the Net ROU method. Please advise on the correct proce…
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Use the Scope as Decrease scope and reduce to end of lease year.Summary: I’m trying to use the "Decrease scope" option to reduce the lease term to the end of the lease year. However, I’m unable to shorten the payment schedule in the …
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Impairment loss for a foreign currency leases is getting converted at the date of impairmentSummary: Need to understand the conversion date and rate logic used for lease impairment. For foreign currency leases, ROU asset and liability are converted from local c…
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Oracle fusion lease accounting, AR transaction sourceIn Oracle Fusion Lease Accounting, invoices generated from Lease Accounting are created using the seeded Transaction Source ORA_LEASE_ACCOUNTING_TRANSACTION. The busines…
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Request Steps to migrate Existing Lease Assets to FA Book after complete related FA configurationSummary: Background: We have already enabled Lease Accounting and input Lease Assets, but due to lack of configuration in FA, we cannot search Lease Assets in FA, so is …
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We want to add back the same asset to the lease when the asset is already expiredSummary: Below is the example Lease Number - Test lease Start Date End Date Lease Lease 01/01/2025 12/31/2025 Asset1 03/01/2025 10/31/2025 Asset2 01/01/2025 12/31/2025 H…
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Lease details report showing values in adjustment column for ROU but not for lease liabilityWhen a lease is amended, the lease details report is updated with the adjustment amount for both ROU and lease liability balances. However, upon amending the same lease …
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25D new feature -Lease Payments in ArrearsSummary: we have received a new feature in 25D release notes " Lease Payments in Arrears" is this functionality would work for new business units or existed Business uni…
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lease accounting split accountingSummary: i booked lease with 2 different payment schedule in that case booking accounting is splitting in two different line , Total amount for ROU and lease Liability i…
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By when the oracle is planning to introduce the redwood page for lease accountingSummary: By when the oracle is planning to introduce the redwood page for lease accounting Content (please ensure you mask any confidential information): Version (includ…
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Lease ExtensionSummary: When a lease is extended via Manage Leases (or Lease Amendment), should the corresponding lease asset's depreciation period automatically update, or is a separa…
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LA:Inquiry on Workarounds for Inventorying Lease Assets Using Lease AccountingWe are seeking examples of workarounds for conducting physical inventory of lease assets using the Lease Accounting module. If you have any proven approaches or case stu…
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If we utilize the reclassification process for short-term and long-term liabilitiesSummary: If we utilize the reclassification feature for short-term and long-term liabilities in the lease accounting module, will running the accounting process generate…
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"Migrated Lease" checked, create accounting issueSummary: When "Migrated Lease" checkbox is selected, Right of Use Basis = Net and with Finance Net Right of Use inputted, lease status is Active and version status is Fi… -
Splitting payment lines in lease accounting using a templateSummary: When attempting to split a contract's payment line using a template amendment, the system only changes the contract version without altering the payment lines. …
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How to handle revenue leases in Oracle?Because revenue lease creation in Oracle Asset Leases is not available, does anyone have a workaround for handling revenue leases? The business has revenue leases and wo… -
Lease Accounting QuestionSummary: We have an Active property Lease in system (Lease Accounting). We have added adjustment in options tab for the opening balance of the lease but Lease Detail Rep…