Leased Assets
Discussion List
-
Tag Number and Manufacturer to be mandatory in "Add Assets in Spreadsheet"Summary: Hi, We have marked the Tag number and manufacturer fields in the "Asset addition" UI to be mandatory. its working as expected . But in the "Add Asset in spreads… -
Guide computation for the lease schedule when there is changes in financial terms.Hi is there a guide computation or example scenario for the lease schedule when there is changes in financial terms. How the opening liability of the new schedule is com… -
Unable to segregate Lease invoices basis payment typeHi, We have a requirement of segregating lease invoices basis payment type. For instance: We have a recurring payment (Monthly lease rental) of INR 18984 and we have als…Kannaki Pugalenthi 11 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Lease Accounting
-
Is it possible to enter an Asset lease in advance?Summary: Oracle does not allow advance creation of asset lease. E.g. I want to create this Apr 2024 however, lease start is in MAy 2024. Is this the case? Why? Content (…
-
Create CIP asset without Project in Fixed AssetHello, Is it possible to create CIP asset without the project in Oracle? Thanks, Dimple
-
Unable to Suspend Depreciation for a Previously Closed PeriodSummary: Hi Team, We have a scenario where user the date place in Service for the Original Assets is 30th September 2023. The user suspended depreciation for September 2…
-
System calculating additional depreciation due to Suspended PeriodSummary: Hi Team, The user has an asset whose Date Place In Service is 30th September. The user has suspended the depreciation for Sep-23. Now the current open period is…
-
How to Load the lease Assets data in oracle fusion fixed Assets?Hi Team, We have a requirement on how to load the lease asset data in the fixed asset module. We have referenced a document in Oracle Support (Oracle Fusion Asset Leases…
-
Use excel based visual builder to create and retire assets?Summary: Have you used visual builder to create and retire assets? We have the below use case and client is finding standard functionality manually intensive. Create 100…Srikanth Raghavendiran 31 views 3 comments 0 points Most recent by Shawna Green-Support-Oracle Assets -
Challenge with Lease Payments Due on 1st of the MonthSummary: We are using the lease functionality within Fusion Assets. Issue is that there are leases with a payment due on the 1st of the month. However, we cannot generat…
-
Financial terms for a lease greyed outHi, We are creating lease from the assets module. The user wants to change the financial terms of a lease. But the financial terms seem to be greyed out. How can the use…
-
Can we restrict negative fixed asset book value upload?Currently system is allowing negative fixed asset book value upload. Can we restrict this functionality to prevent inaccuracies in the Ledger.
-
Lease Asset Accounting under GASB 87Summary We are looking for a white paper on how Oracle handles accounting for leased assets under GASB 87 RulesContent We are looking for any documentation on how Oracle…
-
Whether Lease can be deleted in unaccounted status?Summary: Hi Team, We had uploaded lease and leased assets into the system but they are still in unaccounted status. Can we delete the lease if they are not yet accounted…
-
Guide Calculations/ Formula of Leased AssetsHi! Is there a reference available for the calculations of amortization schedule in leased assets. I would like to know the computation of opening balance of the lease l…
-
Is it possible to change the Serial number assigned to the IB asset?Summary: Is it possible to change the Serial number assigned to the IB asset? Content (please ensure you mask any confidential information): Version (include the version…
-
Oracle lease tied to AssetContent I am working with a customer who is currently managing various types of leases; operating leases, finance leases and rent leases. Some of the leases originate fr…
-
PO and lease creation for lease contract with budget check caseSummary: Need solution or workaround for PO and lease creation for lease contract Content (required): We are using lease asset (Not lease accounting), procurement and en…
-
Is it possible to modify the calculation for the the initial present value in asset leases (ARO)?Content (required): Hello, I used the provided documentation Suggested Implementation of Oracle Fusion Assets for FAS 143 Adoption (Doc ID 2862179.1) for my configuratio…
-
How we can remove calculate lease expense from asset accountant roleSummary: How we can remove calculate lease expense from asset accountant role Content (required): Which privilege will be removed from asset accountant so that the user …
-
System does not allow to register a past date when creating an asset from a lease contractSummary: When an asset is created from a lease agreement, the date of an asset can be registered only the date after opened period and unable to register a past date. Is…
-
How to create Formula type Depreciation Method with different Depreciation Rates for different PerioSummary How to create Formula type Depreciation Method with different Depreciation Rates for different Periods?Content Hi Experts, I have requirement to create the calcu…
-
How to adjust lease asset lifeSummary: We found that there is an asset with useful life 36 months in "Manage Lease", but the corresponding asset record in "Inquire Asset" is 6 years. When we try to "… -
Why we cannot adjust unit for lease assetSummary: Content (please ensure you mask any confidential information): Our lease asset charges to 3 cost centers, unit depreciation expense account 0.9538 HK178 0.0257 …
-
fully retired and reinstated asset details showing zeor value for net book value etc in the query.Hi, We have a query that fetches details of the asset like ytd_deprn, deprn_reserve, PTD_DEPRN, net book value and a few other columns. This query fetches all the detail…
-
How to get asset type based on period name for an asset numberHi Experts, I have a requirement to fetch the asset type (CIP or CAPITALIZED) for an asset number based on period name. Also there are some asset types like 'RECLASS', '…
-
-
Is it possible to calculate lease interest expense using daily calculation?One of our client for a specific country calculates interest monthly using daily basis. Like for example, the lease start date is January 15. So the ineterest for Januar…
-
Lease asset depreciation not enabledWhen we create a lease asset, the depreciate flag is not enabled and we are not able to modify it. In the Asset Category configuration the depreciate flag is enabled. Do…
-
How to link a normal asset with a leased asset ?Summary: User is trying to link one normal asset with a leased asset for which amortization schedule is already generated Content (required): Hi All, Business user creat…