Leased Assets
Discussion List
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Different GL Accounts for Lease Reassessment vs Lease Termination in Lease AccountingSummary: Lease Reassessment and Lease Termination events post accounting entries to the same Profit/Loss account in Oracle Fusion Lease Accounting. Is it possible to con… -
Lease Accounting: How to create Operating/Exempt leases without asset detailsSummary: Business wants to record operating/exempt leases, without asset details in Oracle. However, Asset information is one of the mandatory information while creating…
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FA LeaseHow to upload the FA Lease for Quarterly/Semi-Annually periodic leases?
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Difference between Scope Increase at Standalone Price and Scope Increase in Lease AccountingSummary: In 23 D Releases Scope Increase at standalone price Opt In feature is delivered. Requesting input as what is the difference in system behavior between Scope Inc…
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What is Leasehold Improvement for the field Category type in Create Category page?Need to understand the functionality and feature of below category type. I don't see any documentation on this category type. Regards, Karun
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Options for Managing Guaranteed Residual Value (One-time payment) on Asset LeaseSummary: My client has scenario where they would like the guaranteed residual value entered for an asset lease to be included on asset liability, but control when to rec…
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Oracle Asset Lease vs Oracle Lease Accounting Modules?Summary: What is the difference between Oracle Asset Lease and Oracle Lease Accounting Module? Content (required): What is the difference between Oracle Asset Lease and …
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Accounting for Short term Lease Liability and Long Term Lease Liability when using Fusion AssetsWe have setup Leases in Fusion Assets in order to use Lease functionality. We have added some operating leases too. However the accounting entry that Calculate Lease Exp…
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Rest API for Employee Name and Employee Code Assignment in oracle fusion fixed assetsSummary: Hi All, Can you please suggest me if any Rest API for Employee Name and Employee Code Assignment in oracle fusion fixed assets available? Content (please ensure…
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Exclusive Equipment AssignmentSummary: Hi I need any idea about this case. Detail: The client manages several batches of equipment, and each batch is assigned to a specific customer. The assignment i…
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Lease Accounting SetupSummary Lease Accounting SetupContent I was following the steps to enable "Create Property and Equipment Lease" below, however when I go to Setup>Financials . I am not s…
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Rent Payment of Lease in First month and waiver of 12th month rent.Summary: Dear Experts, Client requirement is that they pay one year rent in one go , and get waiver of last month rent . How is this situation handled in Lease Accountin…
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Asset Lease Accounting Entries (FA module)Content (please ensure you mask any confidential information): Dear All, I'm currently working on the Asset Lease functionality within the FA module. To address a client…
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Lease asset - Unable to process the purchase optionSummary: Currently, in the tax book, it is not possible to exercise the purchase option on a lease asset once its term has ended. According to the standard process, the …
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No option to change FA Lease Payment FrequencySummary: The original lease agreement has multiple payment frequency and it changes during the agreement. (e.g Quarterly gets converted to monthly post completion of the…Ulfi Primawati 1 view 1 comment 1 point Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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How to change or modify location attribution under asset tab for a lease contractSummary: How to change or modify location attribution in the asset tab for a lease contract The customer is attempting to modify the location attribution for a specific …
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Is there a seeded report for lease reassessment made to leases during the period?Summary: Knowing the limitation in Fixed Asset Leases that there are no journals when any financial terms changed on an active lease, is there a report that user can uti…
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How to adjust interest in backdated leaseSummary: Based On below Current Period Open: AUG 2025 Lease Start Date: 29-May-2025 Payment Frequency: Quarterly Payment Option: In Advance Lease Term: 60 Months Lease C…
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How to clear Lease Asset Clearing account when creating a backdated lease asset?When registering a backdated leased asset, a credit is posted to the Lease Clearing account to balance the difference between the ROU cost and the liability. How should …
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How to mass update Fixed Asset Lease value for existing Leases for a new DFF?Summary: New DFF added to Manage Leases > View Lease section, we would like to mass update this attribute for existing leases if possbile. Content (please ensure you mas…
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How equipment lease can be created without an Item creationSummary: There is requirement to create Equipment Leases in Oracle. As a prerequisite for Lease Accounting, we need to create atleast one generic Item to represent the L…
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Fixed Asset Calendar APISummary: Is there any API to add entries in Fixed Asset Calendar Periods? Content (please ensure you mask any confidential information): We have hundreds of entries that…
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How to settle Lease Clearing Account from a backdated leased asset?When registering a backdated leased asset, a credit is posted to the Lease Clearing account to balance the difference between the ROU cost and the liability. How should …