Oracle Fusion Data Intelligence Idea Lab

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Termination penalty fees accounting is not working as per the IFRS16

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As per the IFRS 16, termination penalty fees should be debited to Gain and loss account. While processing and generating the termination penalty fees we have identified that it is not debited to Gain and loss account. Can we expect this in next release.

 

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This Idea Lab is for Fusion Data Intelligence; please post this in one of our sister communities that pertain to the Fusion ERP Application. I have linked the Lease Accounting Idea Lab as your Idea may belong there: https://community.oracle.com/customerconnect/categories/idealab-erp-lease-accounting