Lease Payments to Payables

Tags:

fa3 create new tag

Transaction Description

Lease Payment Schedules that are defined in Oracle Assets can be exported to Oracle Payables for payment processing. Use the Export Lease Payments to Payables window to select the payment lines to export to Payables. The Export Lease Payments to Payables process populates two tables (AP_INVOICES_INTERFACE and AP_INVOICE_LINES_INTERFACE).Use the AP Open Interface Invoice window to view the lines in the two tables on the AP side of the transaction.

Pay close attention to the payment terms and how you coordinate the export from Oracle Assets and the Payment Processing by Oracle Payables. If you don't specify a payment term then Oracle Payables will use the default payment term from the lessor site definition. This default terms code could cause your lease payments to be made late. Consider setting up an immediate payment term and using it on all lease payments that will be exported from Oracle Assets to Oracle Payables. By always using the immediate terms code, Oracle Assets can control the payment date.

Find Lease Payment Items

List of Fields

• Lease Number
• Due Date
• Payment Amount
• Lessor Name
• Status

Export Lease Payments to Payables

List of Fields

• Export
• Status
• Due Date
• Payment Amount
• Lease Number
• Details
  • Lessor Name
  • Lessor Site
  • Invoice Number

Lease Payments

List of Fields

• Payment Schedule
• Interest Rate
• Compounding Frequency
• Lease Date
• Currency
• Present Value
• Lease Payments
  • Line
  • Start Date
  • Amount
  • Number
  • Payment Type
  • End Date

Comments

Links

• Related: OracleAssets, AssetSetUp, FA12SetupAssetSystemLeasePayments, FA12SetupAssetSystemLeasesDetails, AP12InvoicesEntryOpenInterfaceInvoices

This Topic Is Referenced By These Topics:
Related Links: FA12SetupAssetSystemLeasePayments, FA12SetupAssetSystemLeasesDetails

---

---

Was This Topic Useful to You?

Others rated this topic as shown. Please include your rating.

Choice

Select ...Very UsefulSomewhat UsefulNo OpinionNot Useful

Somewhat Useful (1)

Collaborating Authors and Reviewers: -- DianeMcHugh, JimCrum