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The Lease Accounting add-on supports the processing of lease contracts in accordance with IFRS 16 within SAP Group Reporting. Lease contracts are recorded centrally, calculated automatically, and included in the consolidation as right-of-use assets and lease liabilities. This eliminates the need for separate spreadsheets for lease calculations and ensures that lease administration is directly integrated with group reporting.
The Lease Accounting Add-On is an extension of SAP Group Reporting that enables lease contracts to be calculated, posted, and consolidated in accordance with IFRS 16.
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Automatic calculation of right-of-use assets and lease liabilities
Centralized Recording of Lease Contracts and Terms
Direct posting to group consolidation under IFRS 16
Technology is the foundation; the right experts deliver the real benefits.
A lease accounting specialist has a thorough understanding of lease terms, renewal options, and discount rates, and translates complex contract amendments into the appropriate balance sheet adjustment.
By configuring the add-on based on your contract portfolio, the expert determines which fields and calculation rules are needed, so that no one has to do any manual calculations anymore.
An experienced consultant documents the assumptions and assessments made in such a way that an accountant can track every journal entry without needing to ask additional questions.
