Other Lease Accounting Setups

You can set up other features of Lease Accounting such as descriptive flexfields.

You can also enable the following components:

Descriptive Flexfields

Lease Accounting provides the following descriptive flexfields:

• Manage Lease Accounting Transaction Descriptive Flexfields

  • Lease Assets Descriptive Flexfield
  • Lease Details Descriptive Flexfield

• 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:

• Navigate to the Setup and Maintenance page from the Settings and Action menu.

• Change the functional area to Financials from the functional area list.

• Select Lease Accounting.

• You can set up Lease Accounting using the new user interface for setup in the 'Manage Lease Accounting Configuration' option.

• Search for the flexfields in the Tasks search.

• Select any flexfield and run a blank search.

• Select any row and perform Edit.

• Select Manage Contexts.

• Select Add to add a new context. You can add context information, context-sensitive segments, and validators as required.

• Select Save and Close.