How oracle handle the non lease revenue payments ?
Summary:
In Oracle Fusion Lease Accounting, if electricity charges are configured as Non-Lease Revenue, will the system generate revenue amortization entries over the contract/payment period, or will the revenue be recognized when the charges are billed?
Content (please ensure you mask any confidential information):
Regarding electricity charges revenue payment template configured as Non-Lease Revenue in Oracle Fusion Lease Accounting, will the revenue be amortized over the invoice/payment period against an Unearned Revenue account?
For example, if the electricity invoice is for one year, billed annually for 12,000 starting from 1-Jan 2026 ends on 31-Dec 2026, would Oracle generate the following entries?
Tagged:
0