Overview of Lease Accounting Implementation

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

You can setup separate implementation scenarios for Expense and Revenue leases. You can use any of the following methods:

• Functional Setup Manager (FSM) File Upload

  Functional Setup Manager File Upload

• User Interface Setup

  User Interface Setup

• Rapid Implementation

  Rapid Implementation

Setup Components

You must also setup 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 can set up Payables Integration, if required.

Subledger Accounting

You must set up Subledger Accounting for payment accounting.