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Assets Lease Functionality Clarification On Amortization Schedule And Assets Where There Is No Lease Interest (Doc ID 2604860.1)

Last updated on MARCH 12, 2021

Applies to:

Oracle Fusion Assets Cloud Service - Version 11.13.19.07.0 and later
Information in this document applies to any platform.

Goal

For Oracle Assets Lease:

1. Can the lease be configured to generate Amortization Schedule and AP Invoices on monthly basis even when the Payment Frequency on the Lease is Quarterly or Yearly?
2. Is the lease intended to be used to record and maintain Property leases (rental lease of houses, office premises etc.) where there is no lease interest component?

 

Solution

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In this Document
Goal
Solution
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