Lease Creation
Discussion List
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Customers on lease accountingGood day, While am creating a new lease accounting the system will ask for the customer's name, and then while creating the payment under the same lease the application … -
how to create a Lease retrospectively, or backdate a LeaseWe've been trying to use the Fusion Lease Module and are struggling to see how to create a Leae retrospectively or backdate it, can anyone help?
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You must enter a valid location Error - While loading the Lease FBDISummary: While loading the Lease FBDI, I enter a valid & Defined Location code but the Lease Import is getting Rejected and showing - You must enter a valid Location. Co…Siddhant Aggarwal-Oracle 361 views 5 comments 0 points Most recent by Akshay Nandvikar Lease Accounting -
Default proration method to 360Summary: While setting up the lease system option, we have set Amortization Calculation Frequency as Periodic Amortization. As such while creating the lease we have the …
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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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Use additional fields to store Offset ROU and Liability ValuesSummary: I am currently migrating 1000+ leases for a client. They are currently using Planon to keep track of their lease contracts and would like to have additional his… -
Terminate Lease - APISummary: REST or SOAP to terminate leases Content (please ensure you mask any confidential information): Couldn't find any API for terminating Leases , do we have any ? … -
The opening operating ROU balances are generated even after providing ROU balance under payment tab.Summary: During migration of leases though the opening ROU balance if provided in the payments tab the Lease detail report is not generating any opening ROU balances. Th…
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Create one payment against multiple assets in the lease accounting contractGood day, While defining a new revenue lease am able to select multiple assets or property to be rented, but whenever am trying to create one payment against all the sel…
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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…
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Lease liability calculation using Daily Interest compoundingSummary: We are implementing lease accounting application for a new customer. As per this application, the lease liability is calculated using daily interest compounding…
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Lease Details Report Layout ChangeSummary: Change in the Lease Details Report layout? Content (please ensure you mask any confidential information): We have noted a change in the Lease Details Report lay… -
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… -
Update Lease - ROU fieldSummary: Need to update lease - finance ROU column Content (please ensure you mask any confidential information): Currently we loaded a lease via FBDI and now the status…
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Ability to use an Existing Property/Unit from Active Lease when End Date and Start Date are not overSummary: Ability to use an Existing Property/Unit from Active Lease when End Date and Start Date are not overlapping Content (please ensure you mask any confidential inf…
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Lease Accounting - How to reverse a LeaseI have a lease I need to back out. I understand that once it is in that there is no way to truly reverse it. Wanted to see if the group knew of a way to do this or if th…
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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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Is there a Fusion Lease Accounting equivalent for the EBS Property Manager Variable Rent feature?Summary: The client is transitioning from Oracle EBS to Oracle Fusion Cloud and they have a lease management/administration requirement involving supporting the calculat… -
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 17 views 4 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Lease Accounting
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We have a requirement for asset retirement obligation use case from client side.Summary: We have a requirement for asset retirement obligation use case from client side. Please help in suggesting the solution with configuration and process in lease …
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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 42 views 2 comments 0 points Most recent by Bianca Danila-Oracle Lease Accounting
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Asset Register for Revenue and Expense LeaseSummary: For Expense Lease, assets should not be added in Fixed Asset Register because in Lease Accounting module, it can already handle the depreciation For Revenue Lea…
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Formula for Amortized Liability Balance Method for Lease Liability Reclassification (24C feature)Summary: 24C Feature - Amortized Liability Balance Method for Lease Liability Reclassification Content (please ensure you mask any confidential information): Please prov…Janelle Azimullah-Oracle 17 views 1 comment 0 points Most recent by Janelle Azimullah-Oracle Lease Accounting
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How to create Short term revenue leases with frequency less than monthOur Client has a business requirement to create short term leases for their Hostel facility with a term of 1 week or sometimes daily. Is there any feasibility to create …
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Managing Lease Schedules by Category for Reporting PurposesSummary: Need to maintain separate lease schedules by category for reporting in Lease Accounting. Content (please ensure you mask any confidential information): We are r…
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Lease Accounting - French LocalizationSummary: @rekha pillay-Oracle In Oracle Fusion Lease accounting, we have capability to have accounting as per IFRS and GAAP (ASC). But there are certain scenarios where …Aditya Laxmikant Sharma 14 views 1 comment 0 points Most recent by Rekha Pilay-Oracle Lease Accounting
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Oracle fusion Lease accounting requirement for ASC842 USGAAP standard for migration leasesSummary: Oracle Fusion lease accounting module question :- ( Not Lease asset module) 1)USGAAP for Secondary books requires us to upload the values separately as the Prim…
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Rent incremental by 2% every yearSummary: Abu Dhabi Ports enters lease agreements for 50 years where rent is to be increased 2% annually. How do I create payment schedule for this in Lease Accounting mo…
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Reserve Balance on RemeasurementSummary: @rekha pillay-Oracle When we are extending the lease and adding a new payment, in the revision entry, there is a difference between ROU and Liability which shou…Aditya Laxmikant Sharma 26 views 1 comment 0 points Most recent by Bianca S -Oracle Lease Accounting