Lease Accounting for Oracle ERP: ASC 842, IFRS 16, & GASB 87

By September 5, 2015 December 5th, 2019 Accounting

Lease Accounting for Oracle ERP

Oracle Lease Accounting Solution

A Single Sub Ledger for all your Enterprise Leases

Multiple General Ledgers

Do you run more than one instance of Oracle? No problem. Our Oracle lease accounting solution can intelligently route and post journal entries to multiple general ledgers.


Do you need to file disclosures in both the US and international markets?  Our Oracle lease accounting solution supports both ASC 842 and IFRS 16. We also support the current standards – ASC 840 and IAS 17.

Oracle and other ERP Applications

Still consolidating your ERP instances onto Oracle? No problem. Our Oracle lease accounting solution works with SAP, Microsoft, NetSuite, and other popular ERP applications.

Both Real Estate and Equipment

Do you lease both real estate and equipment? No need to buy two separate applications. Our Oracle lease accounting solution will track all of your buildings, computers, vehicles, and other assets in a single sub ledger.

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Oracle Lease Accounting

Integrate with Your Oracle Financial Systems

LeaseAccelerator’s Oracle Lease Accounting Solution

General Ledger

Upload debits and credits to one or more Oracle general ledger. Get confirmations of which transactions were posted and which failed.

Fixed Asset Management

Synchronize leased plant, property, and equipment inventories to your Oracle fixed asset management systems. Publish depreciation expenses for right-of-use assets.

Accounts Payable

Publish expected invoice charges for leases to your Oracle AP applications. Download actual invoiced expenses and disbursements to your leasing subledger.

Master Data Management

Publish location, employee, and vendor master data from Oracle’s MDM to your lease accounting software. Keep financial variables such as foreign exchange and GL codes in sync.

Oracle Lease Accounting Solution

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LeaseAccelerator is an Oracle Gold Partner and a member of the Oracle Applications User Group (OAUG)