What Value To Be Collected In The Column "Right Of Use Balance For Finance Lease"
(Doc ID 2802051.1)
Last updated on AUGUST 26, 2021
Applies to:Oracle Fusion Lease Accounting - Version 11.13.21.07.0 and later
Information in this document applies to any platform.
Qn 1: What value to be collected in the column "Right of Use Balance for Finance Lease" in the payments table of Lease FBDI template?
Qn2:The customer has full ROU balance sitting in Trial Balance. If migrate the ROU balance using WDV, at the end of the lease term, won't there be a balance left in the ROU asset account?
Qn3: When migrate to Fusion Cloud will bring in the GL Opening Trial Balance which will have both ROU and Lease Liability at 10,000. Now, when lease expires, we will only knock off 6000, which will leave a balance of 4000 in these accounts in the GL?
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