Oracle Lease and Finance Management, an Oracle E-Business Suite application, integrates Oracle Financials applications and is designed to meet the business requirements of asset-based finance companies spanning the entire lease life cycle. The Oracle Lease and Finance Management solution extends from lease origination to contract termination and asset disposition.
This chapter describes the following test flows in Oracle Lease and Finance Management:
Lease Booking to Expiry
None.
Not applicable.
Not applicable.
Not applicable.
The lease booking to expiry flow covers lease accruals, invoice generation and receipt application transactions.
None.
Not applicable.
Not applicable.
Table 14-1 Setup Data for Lease Booking to Expiry Flow
| Page Name | Field Name | Field Value | Comments |
|---|---|---|---|
|
Create or Update Contract |
Customer |
OLFM_Customer |
|
|
Product |
BASE TEST OP_ISG1 |
Product is in Approved status and has the required Stream Generation Template and Accounting Template Set setups. |
|
|
Item |
IT Magna 17 inches flat screen monitor |
||
|
Create or Update Asset |
FA Location |
USA.CA.SAN DIEGO.1 |
|
|
Asset Category |
COMPUTER EQUIPMENT.PC |
||
|
Depreciation Method |
STL |
||
|
Asset Tax Book |
LEASEQA RPT1 |
||
|
Create Payment |
Stream Type |
RENT QA |
|
|
Create Manual Receipt |
Receipt Method |
Check - BofA |
Receipt method should be associated with a receipt class which has Creation Method = Manual and has bank accounts defined against it for the operating unit. |