In 2018, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) announced the release of new accounting standards that defined how organizations must account for leases. The release of these leasing st...
On June 27, 2016, SAP introduced new functionality within SAP Real Estate Management supporting the new IFRS16 and ASC842 leasing standards. On July 22, SAP Solution and Product Management will hold a free enablement webinar for SAP customers and ...
IFRS 16 Leasing for Real Property Webinar (English)
Date/Time: Thursday June 30, 17:00 - 17:45 CET
Please join this webinar for the introduction of SAP’s new IFRS 16/FASB ASC842 for real property solution. Product and solution experts will...
Summary
The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) recently announced the release of new accounting standards that define how organizations must account for leases. Essentially, thes...
Summary
The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) recently announced the release of new accounting standards that define how organizations must account for leases. Essentially, these...
Hello Pasam,The short answer to your question is yes. There are two options here depending on what you are trying to achieve. If you want the valuation to begin in October 2022 and post all amounts (catch up in January 2023), then execute transactio...
The logic I described around contract activation is not standard. It is enabled through a BADI that you would code.Initially, the Person Responsible is the person who created the contract and is deemed to be responsible for the contract. This can b...
Hello Ava,There are many different approaches to releasing contracts. Typically, the rule is the same person who last changed the contract cannot activate it and any time the financial terms of the contract have been changed (amount, term, financial...
Hello Sridhar,These fields are not available in CLM as direct attributes of the contract master. They may be available from the object (Unit, size, etc), the company code and profit center assigned. If there are custom attributes you wish to track ...
Hello Luis,The accrual/deferral functionality is designed to take irregular payments generated by Periodic Processing and then post the required accruals. Take for example a payment of 300 EUR made on a quarterly basis, in advance and is not subject...
