Attention: To align with new corporate security policies, and to match policies adopted by other communities within Oracle, the My Oracle Support Community access requirements will change beginning September 18, 2025. MOSC will now require that member accounts in our community be associated to a *corporate* email address. This means that users with generic domains (such as gmail.com, yahoo.com, and others) will no longer be granted access to the discussion forums and ideas labs. If this policy affects you, act now to change the email address that is associated with your Oracle (and community) account. Alternatively, you can opt to create a new Oracle account that uses your corporate email domain.

Property Manager - EBS (MOSC)

Catch-up Accruals in Property Manager

Oct 13, 2019 9:00AM edited Oct 30, 2019 5:50AM in Property Manager - EBS (MOSC) 14 commentsAnswered ✓

Hi All,

I would like to know what are the journal entries for catch-up accruals in property manager. I have reviewed the user guide but still not sure.

To elaborate in my case,

I have created a lease with Lease commencement date = 01-Jun-2018 and Termination Date = 31-MAY-2023.
Before loading the lease I've completed Blind Transition and selected Transition date as 01-Jan-2019.
All periods from Jan-19 to Oct-19 are open
Approved the lease and ran "Export Normalized Lines to General Ledger"

What I got is the following transactions:

1. Booking Event:

Dr ROU (Amount = PV from LCD)

Cr Lease Liability (Amount = PV from LCD)

0

Howdy, Stranger!

To view full details, sign in to My Oracle Support Community.

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month