Fixed Assets - EBS (MOSC)

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SPLIT PRINCIPAL AND INTEREST FOR LEASE PAYMENTS AND EXPORT TO AP

edited May 13, 2019 4:39AM in Fixed Assets - EBS (MOSC) 11 commentsAnswered ✓

As per Customer latest IFRS 16 requirement ,  Require to capitalize all rental contracts .We are trying configure with Fixed Asset lease concept for all Rental Contract , how ever we have noticed that when export to AP  AP distribution line (debit side) only has one line with the lease payment.  It did not  split between liability and interest expense per the Amortization Schedule calculated by Oracle

Does 11i Oracle Assets book interest expense separately on the debit side of the lease payment journal  Functionality available or not ?

Does R12 Oracle Assets book interest expense  separately on the debit side of the lease payment journal  Functionality available or not ?

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