Questions on Oracle Fusion Lease
(Doc ID 2524024.1)
Last updated on FEBRUARY 04, 2021
Applies to:Oracle Fusion Assets Cloud Service - Version 11.13.19.01.0 and later
Information in this document applies to any platform.
Customer have 3 questions relating to how lease assets are calculated and how to add legacy lease and assets that have payments/depreciation already recorded.
QUESTION 1: How is the system calculating the interest payments for a lease asset with the following scenario:
- Term = 5 months
- Payment schedule periodic
- Payment amount = 1000
- Interest = 5%
- One time payment of $800
QUESTION 2: How should the lease be correctly configured so that payment schedules of only remaining months is calculated for migrated lease assets that already had prior payments, paid?
QUESTION 3: Similar to question #2 but how to create legacy lease and associate legacy asset to the lease, where both the lease and asset has payments and depreciation, already taken?
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