How to Account for a Sale And Leaseback Transaction in Oracle Fusion Assets?
(Doc ID 2566428.1)
Last updated on JULY 18, 2019
Applies to:Oracle Fusion Assets Cloud Service - Version 11.13.19.04.0 and later
Information in this document applies to any platform.
A sale and leaseback transaction is when an entity A (seller-lessee) sells an owned fixed asset to an entity B (buyer-lessor) and then leases it back from entity B.
How to manage a leaseback transaction based on IFRS16 standards in Oracle Fusion Assets?
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