Connect FA Object

Explanation

Use this activity to connect fixed asset (FA) object to a lease contract in the Lease Accounting window.

Prerequisites

In order to connect an FA object to a lease contract, the following must have been completed:

• A lease contract with status Preliminary must have been defined in Lease Accounting window.
• FA object with object type Right-of-use and status Investment or Active must exist to create recognition postings.
• FA object with object type Right-of-use and status Registered must exist to import opening balances of the lease contract.

System Effects

As a result of this activity, an FA object is connected to the lease contract against which the lease accounting postings can be created.

Window

Lease Accounting Contract
Lease Accounting Contracts

Related Window Descriptions

Lease Accounting Contract
Lease Accounting Contracts

Procedure

Use the following procedure to copy a lease contract:

1. Query for the lease contract that you want to connect the FA object.
2. Use the List of Values on the Object ID field to select the FA object to be connected to the lease contract. (Note: The object should be in Registered status to import lease opening balances.)
3. Click OK.
4. Save information.