Overview of Lease Accounting Implementation

The Lease Accounting implementation is a simple setup using any of the given three methods.

• Functional Setup Manager (FSM) File Upload

• User Interface Setup

• Rapid Implementation

Setup Components

Lease Accounting requires the setup of the following components:

• Payables Financial Options

• General Ledger Calendars

• Payables Suppliers and Sites

• Document Sequencing

• Currency Conversions

• Payment Terms

• Inventory Organizations

• Master Item List

• Business Functions

Payables Integration

You also need to set up Payables Integration, if required.

Subledger Accounting

You need to set up Subledger Accounting for payment accounting.