Other Lease Accounting Setups
You can set up other features of Lease Accounting such as descriptive flexfields.
Descriptive Flexfields
Lease Accounting provides the following descriptive flexfields:
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Manage Lease Accounting Transaction Descriptive Flexfields
- Lease Assets Descriptive Flexfield
- Lease Details Descriptive Flexfield
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Manage Lease Accounting Configuration Descriptive Flexfields
- Payment Increase Templates Descriptive Flexfields
- Payment Templates Descriptive Flexfields
- System Options Descriptive Flexfields
- Manage Subledger Accounting Descriptive Flexfields
Use the following steps to manage the flexfields:
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Navigate to the Setup and Maintenance page from the Settings and Action menu.
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Change the functional area to Financials from the functional area list.
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Click Lease Accounting.
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You can set up Lease Accounting using the new user interface for setup in the 'Manage Lease Accounting Configuration' option.
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Search for the flexfields in the Tasks search.
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Select any flexfield and run a blank search.
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Select any row and perform Edit.
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Click Manage Contexts.
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Click Add to add a new context. You can add context information, context-sensitive segments, and validators as required.
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Click Save and Close.