Accounting
Discussion List
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Migration from Property Manager to Fusion Lease AccountingSummary: I have to migrate leases from property manager to fusion lease accounting. By following the approach suggested by the oracle, we migrate the leases with closing… -
Process Lease Accounting 'Export to Payables' = NoSummary: Implications of NOT Exporting to Payables Content (please ensure you mask any confidential information): For a specific period, we do not want to transfer invoi…Janelle Azimullah-Oracle 31 views 3 comments 0 points Most recent by Swetha Manupati-Oracle Lease Accounting -
How do we handle the sub leasing scenarios in Oracle Cloud lease accounting moduleOur client is having subleasing scenarios where they sublease their leases during the lease life cycle. Oracle doesn't provide a standard solution for this till now. How…
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How do the balances in Reserve Account clear out?Summary: Hello, we are wondering how the balance in Reserve Account clear out? Content (please ensure you mask any confidential information): We are showing a balance ca…
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What is the purpose of the Reserve Account in Lease Accounting?Summary: In the expense lease payment templates a Reserve Account can be used. This reserve account is used in the Account combination rule 'Lease Reserve Account'. In t…
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Migrated Leases - guidance on how to account for differences in Opening Lease Liability amountSummary: Migrated Leases - guidance on how to account for differences in Opening Lease Liability Content (please ensure you mask any confidential information): Currently…Janelle Azimullah-Oracle 71 views 5 comments 0 points Most recent by Alvaro Montenegro- Product Management at Oracle-Oracle Lease Accounting
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Migrating Leases with Gross ROU and Accumulated Amortization BalancesSummary: Many customers have raised a need to migrate leases with Gross ROU and Accumulated Amortization. FLA only takes net ROU today. In this paper, we share ideas to …Navin Gadidala-Oracle 122 views 17 comments 0 points Most recent by Muhammad Zarlash Financial Management Resource Center
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Why is a lease able to be classified as operating under IFRS16 in Oracle Fusion Lease Accounting?Summary: Reviewing the product and the implications of the new accounting standards supported in FLA to the lease accounting classification itself; can we clarify what w… -
What happens if Accrual process isn't ran for previous months and now Business wants to run it?Business has not ran the Accrual Process for Sep-24 through Nov-24, if they run it in Dec-24 close will it pull or create journals for closed periods?
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Generating Lease Payment Approval journals for maintenance portion with disabled Liability and ROUMy client has a requirement to use two lease templates for a single lease—one for the lease itself and another for the maintenance portion. According to Oracle guideline…
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ARO asset is crediting Lease Clearing accountSummary: Hi, We are leveraging the lease functionality for ARO assets - when we convert the ARO asset via FBDI the full amount is debited and then the credit is split be…
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Implementing Lease Accounting without AR and AP Invoice and Payment GenerationSummary: Our Business requirement in Phase 1 is to create Leases(Amend, Terminate etc.,) without using AR and AP Integration and no lease asset creation. Currently we ha…
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Lease Revision Entry not generated in Create Accounting ReportSummary: We recently posted an amendment that changed the currency of payments from PHP to SGD. When we ran create accounting, we did not see a lease revision posted. Pl…Arjunayan 11 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Lease Accounting
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short term reclassification calculationSummary: need to know calculation for Reclassified Short Term Liability. user expected the last 12 months, it seems it is the 11 Content (please ensure you mask any conf…
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Is it possible distribute the payment approval in the accounting periods?Summary: Hello, the users need to distribute the payment approval in the accounting periods. Is it posible? Content (please ensure you mask any confidential information)…
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why lease accounting tab is not visible in home page in oracle fusion ??Summary: Content (please ensure you mask any confidential information): NOTE :i did all the required setups but still can't see the leasing tab in home page Version (inc…
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Lease accounting - Revenue Leases accounting eventsI am creating a REVENUE Lease and no integration with Receivables. I have completed all the setups as mentioned in the implementation book. When Lease is booked, and Cre…
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What's the difference between these two liability reclassification methods?Summary: What's the difference between these two liability reclassification methods? Content (please ensure you mask any confidential information): There are two liabili… -
Cancelling Lease Invoice InquirySummary: Hi! We currently have an issue wherein the Process Expense Lease Payments has generated 2 AP invoice upon export. These 2 invoices seem to be a duplicate. Howev…
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24C - Switching to Amortized Liability Balance Method for Lease Liability ReclassificationSummary: Switching to Amortized Liability Balance Method for Lease Liability Reclassification Content (please ensure you mask any confidential information): We have a cu…
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How to 'sweep' lease transactions to next periodSummary: In payables, we often have invoices that get stuck in unaccounted or partially accounted each month. For those Oracle provides for a 'sweep' functionality so th… -
Lease Accounting calculation basis PL or SL calendar?Summary: We have a ask to have separate calculation calendar for primary and secondary BU. Can you help us with the feasibility of it in Oracle Lease Accounting? In case…
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secondary ledger not following any accounting standardsSummary: We are implementing for a customer which has operations in multiple countries. Globally they follow IFRS16 for all the countries. Hence while setting up the sys…
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Reclassification of lease bookingSummary: As a requirement we need to be able to be able to distinguish the reclassification of long term and short term between that of a lease booking and a reclassific… -
Amendment to Lease SQMSummary: Amendments to the leasing asset as well as the leasing payments. Content (please ensure you mask any confidential information): My client has a requirement of m…
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When arriving opening lease liability Present value to be calculated from the 1st payment dateSummary: When arriving opening lease liability Present value to be calculated from the 1st payment date Content (please ensure you mask any confidential information): Wh… -
is there any forecast report for projection of liabilities and expense payment in coming 10 years?Summary: is there any forecast report for projection of liabilities and expense payment in coming 10 years for leases? Content (please ensure you mask any confidential i…
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Available property levels available for rentSummary: Hello, we currently have different malls available for renting, and we need to implement these scenarios in oracle fusion we need to be able to rent the whole m…
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Unable to edit fields in Lease Asset, Lease Start Date and Amount fields.Summary: Client requirement is update the lease asset fields are Lease Start Date and Amount, but unable to do that. Content (please ensure you mask any confidential inf…
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can have a clarification on option typesSummary: can have a clarification on option types? and what will be changed or impact if select below option type? ◦ Allowance ◦ Bargain Purchase ◦ Construction Warranty…DL003 11 views 4 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Lease Accounting