Lease Creation
Discussion List
-
Difference in Adjustment Amount of ROU and Lease Liability in Scope DecreaseSummary: When amending the lease for scope decrease, the adjustment amount is not the same for lease liability and ROU balance. As a result lease gain or loss is hit. Wh… -
The Amortization expenses is not captured in the Amortization scheduleSummary: How is the amortization expense captured in a Finance Lease. Requirement is to capture the same in the schedule. . Content (please ensure you mask any confident…
-
"What If" analysis not available in Lease accountingSummary: business would like the ability to do what if scenarios (based on assumptions) and see the accounting impact without having to amend the lease, approve the amen…
-
miscellaneous payments are always generating AP invoices Regardless of "Generate invoices" checkboxSummary: lease miscellaneous payments are always generating AP invoices (when to run "Process Expense Lease Payment" ESS) even if the "Generate invoices" checkbox on the…
-
How to record a provision for DilapidationsSummary: Dilapidations Content (required): We need to record a provision for Dilapidations against a Lease. The Payment Template does not permit me to enter a payment wi…Janelle Azimullah-Oracle 21 views 2 comments 0 points Most recent by Shawna Green-Support-Oracle Lease Accounting -
Lease Amendment with Scope Increase Allows Payment Creation Without Asset NumberSummary: While performing a lease amendment with a scope increase, the user is able to create a payment without an asset number, and the system allows validation and sch…Prabhakarareddy Kotha-Oracle 31 views 2 comments 0 points Most recent by Prabhakarareddy Kotha-Oracle Lease Accounting
-
Interest Calculation for Arrear PaymentsSummary: Hi Experts, Whats the calculation formula that the system uses to calculate interest for the payments that are made in arrears ? Thanks, VC Content (please ensu…
-
Lease Accounting DocumentationHello, i need to know if there is standard documentation of Configuration Workbook, Business Process Model and Test Script for Lease Accounting module. Thanks!
-
Interest Calculation for Payment due date is different to payment date in leaseSummary: Lease payments are created monthly with payment date as 1st of the month and payment term kept as net 10 by which payment is due on 10th of every month. Therefo…
-
new lease numberSummary: hello , how new lease number is assigned? when creating a new one for a specific Business Unit, the latest was 26001, then created 2 new, the numbers are 28010 …
-
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…
-
Lease Accounting Approval historyCan we see Lease Contract Approver history on Lease Contract? Like who is the next approver or Who all approved the lease with comments? We can view in transaction conso…
-
How to set Transaction Tax with FBDI import.When creating or modifying a lease contract with the FBDI Where do I set the Transaction Tax information? As far as the FBDI Payment sheet is concerned. It looks like th…
-
Transaction creation date to be visible to the users (Input Time)Summary: When Creating or Amending(Amendments, Manage Options, Impairment, Termination) the Lease user should be able to see the transaction creation date as well. Conte…
-
Use of Reserve account in Lease AccountingSummary: Hello, I was under the impression that reserve is only used at the time of booking when ROU and Lease Liability isn't equal. However during amending my lease fo…
-
Is there any control or validation on the PO linkage with the lease contract?Summary: We are currently utilizing the Lease Accounting feature, which allows us to associate a lease contract with a specific PO number and PO line. My question is reg…
-
Disable seeded lookups on ORA_FLA_PAYMENT_FREQUENCYSummary: We only deal with monthly leases. To avoid confusion, we want to disable annually, quarterly, etc. as options to pick when creating leases. It looks like it's n… -
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… -
How to make the 'Rate Adder' conditionally Required?Summary: How to make the 'Rate Adder' conditionally Required? Content (please ensure you mask any confidential information): The 'Rate Adder' field is not mandatory in s… -
How to terminate and create a new lease agreement ?Summary: Actually there is a lease which is already in progress however recently the lease contract is revised. Now business wants to terminate the last lease agreement …
-
Lease invoice and payment in foreign currencySummary: Hi, There is a requirement to create asset lease invoice and payment in a different currency. The lease asset will be created in the ledger currency. I created …
-
What is the difference between Payment Purpose and Payment Type fields on Expense Payment Template?Summary: What is the difference between Payment Purpose and Payment Type fields on Expense Payment Template? Is there any financial calculation impact? Content (please e…
-
Not able to import properties - You must provide a valid location for the property.Summary: Whenever I am importing my properties I am able to upload a few properties/lines but I always get this error for the last property/line " You must provide a val…
-
Multipe Secondary Ledger tagged to Primary LedgerSummary: In our current Implementation we have 1 Primary Ledger ,3 Secondary Ledger , 4 LE and 1 Business Unit, when configuring LA system options we can only have 1 com…
-
Guideline in uploading master lease agreement data in implementationSummary: Content (please ensure you mask any confidential information): Need guideline or proper documentation with reference to uploading bulk master lease agreement da… -
Whitepaper on Equipment LeaseSummary: Please provide me a white paper on Equipment Lease in Oracle Cloud Lease Accounting module. Content (please ensure you mask any confidential information): Pleas…
-
Is there any possibility we can associate a Project on a lease in Lease Accounting module?Summary: There is a requirement to associate Project Number on a lease in lease accounting module so that when lease invoices are interfaced to payables then on the basi…
-
Primary ledger should work as per IFRS 16 and secondary ledger should work as per US-GAAPSummary:Primary ledger should work as per IFRS 16 and secondary ledger should work as per US-GAAP, how to achieve this in oracle fusion lease accounting module. ASC-842 …
-
Property Definition FBDI Descriptive Flexfield CodeSummary: Hi, In Lease Properties FDBI, we can see columns for DFFs Attributes, we need to know the Flexfield Code where we can define DFFs on Property Level. Content (pl…
-
💡New RELEASE for LEASE ACCOUNTING: Periodic Compound Interest Calculations in 24DSummary: Periodic Compound Interest Calculations in 24D and Later Releases Content: Lease accounting, in accordance with IFRS 16 and ASC 842, calculates the right-of-use…