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Lease Accounting
Discussion List
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No longer able to have payment start date before lease amortization date?Summary: For Migrated leases, it previously appeared that you could have a payment start date before amortization date as long at it is after the lease start date. Now, … -
How is amortize over term supposed to function?Summary: We've tested amortize over term as we want to spread payments on future expenses properly. But, amortize doesn't seem to be doing anything and the documentation…
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Lease Impairment - how to amortize remaining ROU Balance over remaining Useful Life not Lease termSummary: My client has an example of a IFRS16 Property Lease that runs from 10 years from 2016 to 2026, however this Lease now needs to be impaired because access to the… -
Ability to change the AR Lease invoice numberingSummary: Is there any way to update the auto numbering the Revenue Lease AR Invoice numbering Content (please ensure you mask any confidential information): Version (inc…
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Update LOV of payment frequency to only have relevant valuesSummary: Hi, Client need to only see relevant values of the LOV under Payment frequency as all of them are not needed. Content (please ensure you mask any confidential i…
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Ability to update ORA_FLA_PAYMENT_PURPOSE LOV or Payment TermSummary: Hi, We need to remove the items from LOV of Payment Purpose & Payment terms as only couple of them are relevant to the client. Is there any way to remove them. …
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Is it possible to define new lease status additional to the seeded lease statusHi Team, Can we add user defined lease status like (Active ,Inactive, On-Hold) in additional to the seeded one which are available like draft, terminated, finalized. If …
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is fixed?Bug36951915 - 24C FBDI LEASES CREATED WITH GENERATE INVOICES = 'Y' DESPITE LOADING WITH 'N'Summary: FBDI with Generate Invoices=N the lease contract was created with the Generate Invoices =Yes we can see it, at Payment tab / Summary /Supplier the existing temp…
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Only Generate Invoices in Lease Accounting but not transfer the invoices to PayablesSummary: We have a requirement where we want to generate the invoice in lease accounting module and then it should not be transferred to payables instead this invoice de…
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Unable to transfer/Post Balances from primary Ledger to Secondary LedgerSummary: Currently we have 1 Primary Ledger and 5 Secondary Ledgers where only calendars are different for all Secondary Ledgers. Under FLA System Options i did not add …
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Why does the lease liability disclosure report section 5 not roll from prior year to current year?Summary: Section 5 of the lease liability disclosure report show prior year ending balance with amount A and beginning balance for current year as amount B. What would b…
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lease accounting dashboard, what drives the contentSummary: does anybody have overview of what exactly drives the content of the different subtabs of the lease accounting dashboard, I have seen the userguide, the info is…
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Where does lease accounting store attachment info attached to leases?Hi All, here does lease accounting store attachment info attached to leases. I can not find a FLA_{ATTACHMENT} table for attachments on a FLA lease , so FLA must be usin…
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How can I reduce the lease term of a finalized IFRS-16 expense lease?Summary: The lease contract got reduced by 10 years, earlier it was 50 years. When I try to Ammend the lease, system allows me to reduce the lease term and asset date bu…
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You can't process a lease to the ACTIVE status because of some errors.Lease is getting amended through FBDI using OIC but the mentioned error is coming in validation tab : You can't process a lease to the ACTIVE status because of some erro…
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How to migrate revenue leaseSummary: Is there a manual or document that guides us through migrating revenue lease contracts to the lease accounting module? We're implementing the module and need to…
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Stub Payment Calculation Logic when proration method is 360 Days/YearSummary: We have an Equipment Lease using Proration Method = 360 Days/Year We are adding new assets to the lease over time where the monthly payment of $1200 is pro-rate…
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What is the best practice on a one time credit payment for an expense lease?Summary: We received a credit memo for one of our expense leases. When creating a Miscellaneous payment in LAC it is hitting the Noncompliance Expense. Is there another …
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Creation of Master Lease with Child Lease DetailsSummary: How to Create Master Lease with Child Lease Details: Examples Lessee leases office space from Lessor with original terms as follows: Size of office space lease…
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Why is the booking journal of a migrated lease posting to reserve?Summary: We created a migrated lease and on the booking journal, we're seeing a liability debit to reserve. We're confused as the lease was already booked to the GL from…
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Create Accounting Execution Report completing in ErrorSummary: We ran create accounting for Lease Accounting, The process completed in 27 hours, however Create Accounting Execution Report completed in Error. We ran again th…
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How to map COA number with LDR for each line in Oracle?Summary: I would like to understand the steps where i can map COA (code distribution) for each accounting class from LDR. Content (please ensure you mask any confidentia…
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Create Accounting Unexpected ResultsSummary: When we ran create accounting for Philippines ledger as of 3/31, after our lease amendments had been made, the lease revision entries contained two lines that n…
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Oracle Lease ReportsHello, Need to know more about the behavior of Fusion Lease Accounting Reports, as i have a lease contract from 2023. I tried to run reports, but the period field is ava… -
parameter value while scheduling reportSummary: hi In order to retrieve data from FLA_LEASE_BALANCES_ALL table, we were told that need to run Generate Lease Transactions and Balances Report every GL period. a…
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Lease Accounting Miscellaneous Payment attachmentSummary: Hi, Is there a way to add an attachment while creating a Miscellaneous Payment and be transferred to AP invoice as well? Content (please ensure you mask any con…
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Search for Items for equipment lease creationSummary: How to search for an asset item when creating assets for equipment leases in lease accounting Content (please ensure you mask any confidential information): Cur…
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How to populate the Notes field under Manage Expense PaymentsSummary: One of the Columns in Manage Expense Payments says Notes. Where is the data for this field sourced from? Content (please ensure you mask any confidential inform…
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Lease booking accounting entries not triggered for migrated LeaseSummary: when "Migrated Lease" checkbox is selected, no matter Right of Use Basis is Net or Gross and with Finance Net Right of Use inputted, lease status is Active and …
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Accounting for consumption Tax when lease payments are interfaced to PayablesSummary: Facing an issue in accounting for consumption tax when lease payments are interfaced to Payables Content (please ensure you mask any confidential information): …