My Oracle Support Banner

ELA: How Are Cost Types E and L Used in Lease Admin? (Doc ID 2767544.1)

Last updated on MAY 26, 2021

Applies to:

PeopleSoft Enterprise FIN Lease Administration - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.

Goal

How are Cost Type E and L used?

Cost types represent cost components of an asset and a lease. PeopleSoft extended the cost type configuration specifically for lease accounting.

Rent Expense (Cost type E)
This cost type identifies transactions related to initial direct cost, and payments made at or before lease commencement.

Lease Incentive (Cost type L)
The cost type configured for lease incentive applies to lease incentives received (versus lease incentives receivable, such as rent holidays).

 

See example of how these are used in here.

 

Solution

To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!


In this Document
Goal
Solution
References


My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.