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    Surya G
    Hire purchase in Oracle Fusion
    Topic posted December 13, 2018 by Surya GSilver Medal: 2,000+ Points, last edited February 6, 2019, tagged Assets, Financials, Fusion, Payables 
    114 Views, 6 Comments
    Title:
    Hire purchase in Oracle Fusion
    Summary:
    Hire purchase in Oracle Fusion
    Content:

    Hi, 

    How do we capture the Hire purchases in Oracle FA module. The requirement is Business is having Hire purchases scheme and it needs to capture these business process into Oracle fusion.

    Can someone guide me on how to achieve this please.


    Thanks,

    Surya

    Comment

     

    • Felix Beaudoin

      Hi Surya!
      Are you saying that they want to recognize an employee Hire as an asset?
      Let me know, thanks!
      Regards,
      Felix

      • Surya G

        Hi Felix,

        The concept is that Hire purchasing of asset say for an example, machinery purchased on HP scheme. 

        To make it simple, the Hire purchasing of Fixed assets.

         

        Thanks,

        Surya

        • Felix Beaudoin

          I see! Is this what you are looking for?
          Is Lease Functionality Available in Fusion Assets? (Doc ID 2284057.1)

          • Surya G

            Thanks Felix.

            But Oracle support team tells there aren't separate task/module for Hire purchasing rather leasing will cover to some extend. 

            • Felix Beaudoin

              Ah I see! You were really looking for a specific functionality/module.
              Unfortunately, as you indicated, there is no real functionality for this exact purpose.
              Hope that leasing will cover the majority of your requirements!

              • Surya G

                I guess the leasing module will fulfill the requirement. Let me explore and do the business requirement mapping. Once it is done, will update here. 

                Thanks...