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What is Recording Capital Leases in Oracle EBS about?
The document discusses recording and accounting for capital leases in Oracle EBS. It covers creating a lease schedule, calculating payments, issuing payments to accounts payable, creating asset additions, and accounting for the transactions. Key steps include setting up the lease payment schedule, exporting payments to payables to create invoices, running mass additions to create the fixed asset, and ensuring the accounting entries are posted correctly.
- Author
- Ameer Pasha
- Language
- EN