Accounting Configuration for Lease Accounting Invoices

You can use the lease and property details to configure accounting rules for lease accounting invoices in Payables. This ensures that the accounting entries created for Payables invoices are consistent with the upstream Lease Accounting transactions.

Here's a list of lease accounting sources available on Payables invoices:

Lease Number
Lease Type
Accounting Classification
Asset Type
Party Name
Property Name
Property Code
Property Location
Property Type
Property Hierarchical Code
Property Number
Asset Number
Asset Category
Payment Purpose
Payment Type
Option Type
Transaction Type
Schedule Type
ROU Flag Value
Liability Flag Value
Install Site
Item Category
Descriptive flexfield values on Payment Tab
Descriptive flexfield values on Assets Tab

You can use these to configure account derivation rules for Payables invoices.