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Advance payment of base rent in Lease Accounting

edited 11:15AM in Lease Accounting

We have a situation where the rent is paid in advance for two months, how can we enter this transaction in lease accounting.

E.g. For an existing lease, payment of $18,000 is due for Aug-2026. As per the ask of Lessor, we have paid two months rent in Aug-2026 i.e. for Aug and Sep 2026 a total of $36,000 in Aug-2026. What should be the ideal way to handle such transaction in Oracle Lease Accounting module.

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