Amendments
Discussion List
-
Maximum number of amendments on a single leaseSummary: What is the maximum number of allowable amendments on a single lease? Content (please ensure you mask any confidential information): We have an existing lease t… -
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…
-
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…
-
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…
-
Lease Milestone Tab in Amendment FBDISummary: Why don't we have the milestone amendment functionality available through FBDI template but its present through UI? Content (please ensure you mask any confiden…
-
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…
-
Is it possible for ROU Assets to be transferred from one lease to another?Summary: Is it possible for ROU Assets to be transferred from one lease to another? Content (please ensure you mask any confidential information): We have ROU Assets (ve…Janelle Azimullah-Oracle 32 views 3 comments 0 points Most recent by Janelle Azimullah-Oracle Lease Accounting -
How to update account for the payment templates at lease level in bulkSummary: Content (please ensure you mask any confidential information): Version (include the version you are using, if applicable): Code Snippet (add any code snippets t…
-
In case of Forex Lease- Net ROU is recalculating with Amendment Commencement Date Effective RateSummary: In case of Forex Lease- Net ROU is recalculating with Amendment Commencement Date Effective Rate Content (please ensure you mask any confidential information): …
-
Do we have ability to discard a lease amendement from SOAP/REST/FBDI?Summary: We have a requirement to discard lease amendment from backend. We are not able to find any REST/SOAP/FBDI Approach to discard financial lease amendment. Please …
-
Amend Payment Amount or End Date Best PracticesSummary: It appears that Oracle does not allow for amendments to the payment amount or the end date. Can you advise on best practices around this? We do have instances w… -
In lease accounting can we define different appoval cycles for create,amend, terminate leaseIn lease accounting can we define an approval cycle for creating the contract and define a different one to Amend the contract and define a different one for the termina…
-
Are any customers experiencing issues amending a lease after 24D applied?Hello Lease Accounting community, Is anyone experiencing any issues amending a lease after 24D was applied in production? When we go to do a scope increase, we receive t…
-
How can i Update the property code in lease Accounting?Summary: How can I update the Property code in the lease Accounting? we need to update the property code, and the Property is already on a lease that means that this pro…
-
CPI indexation of Expense LeasesSummary: I am currently looking for an explanation on how to update multiple leases as there payments are dependent on the movement of CPI. I have read online that this … -
cannot find lease approval workflow to enable. is it BPM workflow only for lease approval now?Summary: cannot find lease approval workflow feature to enable. is it BPM workflow only for lease approval now? Content (please ensure you mask any confidential informat…
-
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 13 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Lease Accounting
-
Additional Security Deposit Paid on each renewalSummary: User not able to store details of additional security deposit paid on each lease renewal Content (please ensure you mask any confidential information): An addit…
-
Can we modify the base index value via Lease Amendment from UI?Summary: We have loaded a Lease via FBDI where we have put a value for Base Index. But we actually are looking for option where we can update the value of Base Index fro…
-
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…
-
-
Asset LocationSummary: How can you change the asset location of an active lease? And what type of amendment is needed to do this? Content (please ensure you mask any confidential info…Ifigenia Pansters 11 views 3 comments 0 points Most recent by Bianca S - Oracle-Oracle Lease Accounting
-
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
-
Lease cancellation & accumulated amortizationSummary: When Option cancellation Accumulated Amortization also need to be reversed. Content (please ensure you mask any confidential information): When Option cancellat… -
What is the functionality behind the 'Rate Adder' field?Summary: Rate Adder field? Content (please ensure you mask any confidential information): Trying to find information on the Rate Adder field. What is its intended use/fu…Janelle Azimullah-Oracle 22 views 2 comments 0 points Most recent by Bianca Danila-Oracle Lease Accounting
-
Steps to amend the Start Date of an Active LeaseSummary: Steps to amend the Start Date of an Active Lease Content (please ensure you mask any confidential information): My customer has the occasional scenario where th…Janelle Azimullah-Oracle 22 views 3 comments 0 points Most recent by Bianca Danila-Oracle Lease Accounting
-
Ability to update payment schedule after lease end dateBusiness has a scenario where Lessee/Tenant Overstays in the premises. They want to update this payment information into lease without extending the lease term after the…
-
how to change Location in LeaseSummary: the Location in use by a Lease, can it changed with an Amend? it seems not able to do that, why? can I have a query to get the Location for each Lease, since no…
-
Lease Option FunctionalityWe created an expense lease from 1 Jan 2022 - 31 Dec 2023. Recorded an Option for expansion of lease with the start date of 1 Jan 2024 and end date of 31 Dec 2025. When …
-
Accounting Entries for Lease Amortization, Asset Addition, Termination, and Changes in PaymentsSummary: Seeking guidance on the accounting entries for monthly amortization, finance cost, new lease asset additions, asset terminations, changes in monthly lease payme…