This chapter covers the following topics:
The Lease Contracts Command Center enables users to quickly identify areas with potential problems within their area of responsibility, narrow the scope of transactions in question, select specific transactions requiring attention, and take necessary actions. The Lease Contracts Command Center dashboard also provides navigation to the Oracle Property Manager and Equipment Leasing applications for performing specific actions such as amending rate changes and termination.
Note: You can use the Lease Contracts Command Center only after the installation and common configurations are completed as described in My Oracle Support Knowledge Document 2495053.1, Installing Oracle Enterprise Command Center Framework, Release 12.2. For additional ECC Overview information, see Overview of Oracle Enterprise Command Center Framework, Oracle E-Business Suite User's Guide.
Use the dashboard sidebar to refine (filter) the data on each dashboard. You can select a value or record from the Available Refinements component, or use Search to find a keyword, a value, or a specific record. The type-ahead feature suggests matches for your entry that correspond to the available refinements. When you submit a search, the search term is added to the Selected Refinements list, and the dashboard data is refined to include only records that match the search. You can add multiple refinements and remove any of them at any time. Using Saved Searches, you can create and save your searches and refer to them later. You can also edit and delete saved searches.
Note: For best results, Oracle recommends that you always select Regime, Currency, and Ledger.
Use an asterisk (*) or percent sign (%) to perform a partial keyword or record search that matches any string of zero or more characters. You can also use a question mark (?) to perform a partial search that matches any single character.
Additional Information: For more information about searching for and refining data in enterprise command centers, see Search in Highlights of an Enterprise Command Center, Oracle E-Business Suite User's Guide.
Use the Lease Contracts Command Center dashboard to analyze and view lease metrics, charts, and results table information. This dashboard provides information to the Lease Manager and team members for managing leases and tracking the sum total of lease liability, Right of Use (ROU) in a portfolio for the data load run period, and viewing lease history and expense for multiple ledgers. This dashboard also provides additional disclosure and reporting data such as Weighted Average Remaining Term, Variable Costs, Expired Leases, etc.
From the Property Manager Super User responsibility, navigate to the Lease Contracts Command Center page:
(N) Property Manager Super User > Command Centers > Compliance
Note: To display dashboard data, you must select a Regime from Available Refinements > Lease Details. Select Not Applicable for exempt leases that are not flagged with any compliance regime. For example, you can filter and view dashboard data for SFFAS 54 leases by selecting the Regime refinement value: SFFAS54.
Lease Contracts Command Center Dashboard
Component | Description |
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Lease Balances (summary bar) | The Lease Balances summary bar displays the following metrics:
Note: All lease balances such as Right of Use and Liability are derived from transactions. From the booking transaction amounts, accrual transaction amounts are added or deducted with payment term amounts to arrive at current period balances. |
Lease Details (summary bar) | The Lease Details summary bar displays the following metrics:
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Lease Cost (summary bar) | The Lease Cost summary bar displays the following metrics:
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Analysis - Lease Balances (tab layout) | The Liability chart displays the total remaining lease liability amounts. You can view liability amounts by Lease Category, Item Category, Payment Purpose, and Lease Classification dimensions. The Right of Use chart displays the total remaining ROU amounts. You can view ROU amounts based on Lease Category, Item Category, Payment Purpose, and Lease Classification dimensions. |
Analysis - FAS13/IAS17 (tab layout) | The Normalization chart displays normalization expenses for property and equipment leases by reporting period. This bar chart displays total amounts for Accrued Liability, Adjustment, Account Expense, and Cash. |
Analysis - Projections (tab layout) | The Liability Projection chart displays estimates of lease liability amounts. This bar graph displays amounts for periods of less than 12 months, 1-5 years, and more than 5 years. The Expiring Leases chart displays the number of leases and contracts reaching their end of term by each month. This bar chart provides an indicator of necessary management actions such as contract renewal or exercise of contract options within the lease. |
Analysis - Liability & Expenses (tab layout) | The Lease Expense chart displays total lease expenses for a given period of time. Short term expenses from the leases are considered to be less than or equal to 12 months. This bar chart displays total expense amounts by expense type. |
Lease Details (tab layout) | The Lease Details results table displays attributes pertaining to lease information. You can view this results table by selecting one of the following attribute groups from the Lease Details drop-down menu:
Click the Amend link to navigate to the Leases form where you can amend and edit leases. Click the Options icon to Compare selected records and Export the data set. |
Lease Expenses (tab layout) | The Lease Expenses results table displays lease expenditure details. Click the Options icon to Compare selected records and Export the data set. |
Payment Terms (tab layout) | The Payment Terms results table displays attributes for payments. You can view this results table by selecting one of the following attribute groups from the Payment Terms drop-down menu:
Click the Amend link to navigate to the Leases form where you can amend and edit leases. Click the Options icon to Compare selected records and Export the data set. |
Options (tab layout) | The Options results table displays attributes pertaining to lease option and payment details. You can view this results table by selecting one of the following attribute groups from the Options drop-down menu:
Click the Amend link to navigate to the Leases form where you can amend and edit leases. Click the Options icon to Compare selected records and Export the data set. |
Properties (tab layout) | The Properties results table displays property detail attributes. You can view this results table by selecting one of the following attribute groups from the Properties drop-down menu:
Click the Options icon to Compare selected records and Export the data set. |
Assets (tab layout) | The Assets results table displays Asset Details attributes. Click the Options icon to Compare selected records and Export the data set. |