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Are Negative Leases Allowed in Fixed Assets? (Doc ID 2786872.1)

Last updated on MAY 18, 2023

Applies to:

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


Customers asks: Can we have leases loaded into Oracle with negative amount?

Business Scenario:

Lease Term: 44
Lease Start Date: 1/1/19
Initial Direct Cost (One Time Payments): -1,000.000 (1 Million, as example)
Lease Classification: Operating

Calculate Lease and Expense completes in error:

FA.PLSQL.fa_lease_expense_pkg.process_expense_rows: Lease expense amount has the value of -26400.24
FA.PLSQL.fa_lease_expense_pkg.process_expense_rows: Error in validating lease liability balance/expense amount for Lease number has the value of <Lease Number>

 is the error correct? we read this note: Are Negative Assets Allowed in Fusion? (Doc ID 2278658.1)


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