1. Using Lease Accounting
  2. Sweep Lease Transactions

Sweep Lease Transactions

You can sweep lease transactions from the activity side panel.

Sweep Lease Transactions

  • Select Sweep Lease Transactions from the side panel to run the program.

  • The following parameters are available in Basic Options:

    • Process Type:

      • Sweep Accounting- Review Mode: This will sweep all the transactions that haven't been posted to GL when the GL period is closed for some reason into the next open period.

      • Sweep Accounting- Update Mode: This will update all the transaction dates in the stuck period to dates in the next open period.

    • Business Unit: Select the business unit name.

    • Lease Number: Enter the lease number.

    • Period: Select the period for which you want the process to run.

  • Oracle Lease Accounting notifies you when the process completes if you check the notify checkbox.

  • Select Submit to run the process.

  • You must run Create Accounting after the update.