Webinar: Lease Accounting in Oracle Cloud ERP Financials

Oracle Lease Accounting is a financial application that helps create and maintain leases in a single repository. Lease Accounting provides the ability to capture information such as lease details, assets, payments, and options. Lease Accounting also calculates the amortization of the right-of-use, and the lease liability balances according to IFRS16 and ASC842.
This presentation will walk through the key features of Lease Accounting, Lease Accounting Process Flow (IFRS16 and ASC842), and the difference between Oracle Leases in Assets module and Oracle Lease Accounting module. We will review the Oracle Lease Liability Report which will show short-term and long-term lease liability details which were added in 23A.