Q&A Café: Lease Accounting in SAP Business ByDesign
SAP recently released the Lease Contracts Accounting functionality for ByDesign. We’ll review the basics of the Business Configuration set up and changes for using the Lease Contracts, from the Fixed Asset Classes to the Lease Object Types, and the GL accounts to post to.Then we’ll create a few Lease Contracts, and go through the Lease Posting Runs and Lease Contract Invoice Runs for AP for the associated GL postings.