Lease Accounting Contract

[To Fixed Assets Accounting]

Usage

Use this window to enter and maintain information of lease contracts and handle accounting for lease contracts.

Use General tab to update information about terms and conditions, interest rates and other related payments.

Use Amortization Schedule tab to view and modify the amortization schedule created based on the information entered on the General tab.

Use Voucher Information tab to view information of the lease accounting vouchers created (including rolled back vouchers) for the selected lease contract.

Activity Diagrams

BDR for Lease Accounting
BDR for Lease Accounting Information
Create Amortization Schedule
Activate Lease Contract
Create Recognition Posting
Create and Post Lease Periodical Accounting
Create and Post lease Payable Accounting
Activate Object
Calculate and Post Depreciation
Modify Lease Contract
Terminate Lease Contract

Activities

Enter Lease Contract Types
Enter Lease Index Types
Enter General Lease Accounting Info
Enter Terms and Conditions
Enter Interest Rates
Enter Other Payments
Create Amortization Schedule
Change Contract Status to Active
Change Contract Status to Preliminary
Extend Contract End Date
Enter New Standard Terms
Modify Amortization Schedule
Regenerate Amortization Schedule
Create Recognition Posting
Change Base Index Rollback Fixed Assets Event
Post Lease Periodical Accounting Proposal
Rollback Lease Periodical Accounting Proposal
Post Lease Payable Accounting Proposal
Rollback Lease Payable Accounting Proposal
Terminate Lease Contract
Acquire Lease Asset
Import Opening Balances of the lease contract