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Clarification for Deposits in FLA (Doc ID 2840611.1)

Last updated on JANUARY 28, 2022

Applies to:

Oracle Fusion Lease Accounting - Version and later
Information in this document applies to any platform.


User pays the deposits (Advance) and created one deposit with discount rate 8.34.

Generated below accounting entries.

Event Class- Lease Expense
Asset DR
Liability CR
Event class - Lease Expense
Amortization DR
Accumulated Depreciation CR

Why the Interest Expense is generated?


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