Lease Creation
Discussion List
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Why do migrated Finance Leases require an 'Operating Right of Use Amount'?Summary: Migrated Finance Leases require an 'Operating Right of Use Amount' Content (required): We ae migrating a Finance Lease, and the Accounting Standard is IFRS16. A…Janelle Azimullah-Oracle 50 views 1 comment 0 points Most recent by Maria Mendoza - Oracle-Oracle Lease Accounting
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When oracle is planning to introduce ADFdi spreadsheet for lease accountingSummary: Can you please suggest ? When oracle is planning to introduce ADFdi spreadsheet for lease accounting Content (required): Version (include the version you are us…Muhammad Zarlash 23 views 5 comments 0 points Most recent by Maria Mendoza - Oracle-Oracle Lease Accounting
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How to consolidate multiple leases invoices for same vendor into one invoice?Summary: We have multiple lease offices in our New York location where supplier, site, payment term, payment template, and periods are same, but for our operational flex…
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FinLeaseApproval routing based on BU or update user nameSummary: Need to route approval for lease based on either last update user or business unit lease was created for. Can't find easy option to achieve neither. Content (re…
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Are we able to add additional Payment Types within a Payment TemplateHello Everyone! I am struggling trying to find navigation that will allow me to add another Payment Type to a Payment Template. Does anyone have any experience in adding…
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Future Dated Lease functionalitySummary: We would like to know how to create future-date leases in the Lease Accounting module. Content (required): 1.Lease Tenure: Year (2025 to 2028) 2.Monthly payment…Polavarapu 31 views 1 comment 0 points Most recent by Maria Mendoza - Oracle-Oracle Lease Accounting
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Can we override the Proration Method when entering a new leaseWhen entering a new lease, the Proration Method defaults to 'Days/Month'. Is there a way to default the Proration Method to 360 Days/Year?
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How to add salvage value in Lease AccountingSummary: How to add salvage value in Lease Accounting Content (required): As per client requirement they did not see a salvage percentage value area in the assets screen…Muhammad Zarlash 11 views 1 comment 0 points Most recent by Maria Mendoza - Oracle-Oracle Lease Accounting
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Can we override the 'Lease Name' Default when entering a new leaseWhen entering a new lease, the Lease Name defaults to the Lease Number. Is there a way to default the Lease Name to 'Blank' to force a user to enter another text value?Jason Madden 11 views 1 comment 0 points Most recent by Alvaro Montenegro- Product Management at Oracle-Oracle Lease Accounting
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How can we have a quarterly payment increase setup on a lease payment?Summary: Currently Lease Accounting has options to setup lease payment increase cycles to semiannual or annual. We have a requirement to setup quarterly increase of leas…Padhmanaban 21 views 1 comment 0 points Most recent by Maria Mendoza - Oracle-Oracle Lease Accounting
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Import AutoInvoice is going in Error for Revenue LeasesSummary: Import AutoInvoice is going in Error for Revenue Leases Content (required): Version (include the version you are using, if applicable): Code Snippet (add any co…
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"Lease Type" - how to expand list of valuesSummary: during lease creation "lease type" has only one option - Expense Lease How to expand this list of values? Content (required): i checked lease lookups and can't …
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Ability to change the lease payment amounts in the mid-term after the lease has been createdSummary: Ability to change the lease payment amounts in the mid-term after the lease has been created Content (required) Once we create a lease and activated in lease ac…
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Activate Revenue LeaseSummary: Revenue Lease has been Validated and Generate Schedules is complete. Status is Draft and Version Status is Completed. I am not able to Submit for Approval or pe…
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Consolidate information or Reports for LeasesSummary: Lease Accounting Consolidate Report Content (required): Hello Team We have multiple business units which are using lease accounting module. We are looking for b…
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Lease ApprovalsSummary: Can we implement approvals in Lease Management on the basis of Asset Type i.e., either on Equipment Lease / Property Lease. Client does have a different approva…
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LEase AP InvoiceSummary: in our Project, Customer is using Coupa for Procurement hence the PO will remain in Coupa and will not be interfaced to Oracle Purchasing, now when a user creat…
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Can we change the lessor in Lease Accounting?Summary: 'Lessor' seem to be unchangeable in the 'Overview' tab, would we be able to amend this? Although we can change the supplier in the payment template it would be …Genaro Gonzalez 51 views 1 comment 0 points Most recent by Maria Mendoza - Oracle-Oracle Lease Accounting
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Workaround for payment increase made during the monthSummary: Our client has requirement wherein they have payment increase being made during the month (for eg., 4th April). In this case system does not consider this incre…
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LEASE APPROVAL WORKFLOWS, FinLeaseApproval opt-inSummary: in release 22A Lease Approval required opt-in configuration in lookup. cannot find if this opt-in is now expired Content (required): Noticed that Lease approval…Roman Havrylyak 31 views 1 comment 0 points Most recent by Maria Mendoza - Oracle-Oracle Lease Accounting
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Can lease accounting handle vessels and vehicles aside from real estate and equipment?Summary: We have a requirement for leases to handle not only real estate, but also equipment, vessels and vehicles, etc. Content (required): I read in the user guide 23B…
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Importing foreign currency leasesSummary: We are importing Foregin currency Leases in Lease Accounting. In the Payments tab there is a column for Conversion Rate , i need to know the value in the conver…
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Integration for Discount Rate Index?Summary: If I use the Rapid Implementation spreadsheet for loading Discount Rate Indexes, it produces an xml file to be loaded. IN what format, by what process can I loa…
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You must define at least 1 frequency-based payment line. - Lease Creation FBDISummary: While importing the Lease FBDI for US BU. The FBDI Runs into an Error. In payment header file we are providing both payment start date & end date. FBDI is worki…
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Can Oracle Fusion accommodate both lessee and lessor scenarios?Summary: We have a business scenario from the client (coming from Oracle EBS) to have both payment and billing (innate integrations to AP and AR, respectively) functiona…
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New technical brief has been published: Fusion Financials: Assets to Lease Accounting MigrationAnnouncement: New technical brief has been published: Fusion Financials: Assets to Lease Accounting Migration Tools and Best Practices (Doc ID 2950254.1)Maria Mendoza - Oracle-Oracle 121 views 2 comments 0 points Most recent by Maria Mendoza - Oracle-Oracle Lease Accounting
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Best way to deal with 'Make Good Provision' for property leases?Summary: We are implementing the Lease Accounting module and wondering how other customers have found is best to manage accounting for the make good provision on propert…
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Asset Location Code field in Lease Creation FBDISummary: In Lease Creation FBDI under Assets Tab we have a column named as location code, but actually this column accepts the data only for fusion location description …Muhammad Zarlash 61 views 1 comment 0 points Most recent by Maria Mendoza - Oracle-Oracle Lease Accounting
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Right-of-use asset maturity reportSummary: My SME's have identified some gaps in the lease accounting reports/ aspects they do not understand. Any advice is welcome. Content (required): Looking for a rep…
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Data MigrationSummary: How do we bring the historcial balance of Secondary Accounting Standard in Oracle Lease Accoutning during Data Migration through FBDI Content (required): Versio…