Validate Leases

When you've created the lease and provided the assets, payment terms, and options information, you must validate the lease.

1. Select Actions.

2. If you've selected payment increase, select Generate Payment Increase, or otherwise select Validate.

You'll receive the confirmation message in the Validation tab in the Lease page.

Oracle Lease Accounting automatically updates any warning or error in the lease information. You must make the changes before validating the lease again manually.

The lease is currently in Validated version status and Draft lease status.