Assets - Lease Functionality
We wish to enable the Lease functionality in Oracle Assets. Company enters into agreements to take office space on lease from commercial vendors.
The purpose is to capture all the commercial private lease contract details that Company has such as - the supplier information, lease period, yearly leases, expire the leases ( if required) and monitor how much Company is paying for lease at any point of time.
The lease menu has three options Lease Details, lease payments, lease payments to Payables.
Please share your previous experience as well as any precautions that we need to take.
Please advise.
Regards