Post Proposal
Explanation
This activity is used to post an authorized lease accounting periodical proposal.
Prerequisites
Before the lease proposal can be posted, the following must have been completed:
- The lease accounting periodical proposal must have the Authorized status.
System Effects
As a result of this activity a voucher is created and transferred to the hold table in IFS/Accounting Rules.
- For Leasing Type Finance, the posting of the lease interest expense on a cost account is done according to the posting type FAP77, Lease Accounting, Interest Expense. The posting of the lease interest expense to lease liability account is done according to the posting type FAP75, Lease Accounting, Recognition, Lease Liability.
- For Leasing Type Operating, the posting of the lease expense on a
cost account is done according to the posting type FAP78, Lease Accounting,
Lease Expense. The posting of the lease interest expense to lease liability
account is done according to the posting type FAP75, Lease Accounting,
Recognition, Lease Liability. The posting of Right-of-Use Asset amortization
is done according to the posting type FAP79, Lease Accounting, ROU
Asset-Amortization.
Window
Lease Accounting
Periodical Proposals
Lease Accounting
Periodical Proposal
Related Window Descriptions
Lease Accounting Periodical Proposals
Lease Accounting
Periodical Proposal
Procedure
Use the following procedure to post a lease periodical accounting proposal:
- Open the Lease Accounting Periodical Proposals window and query for the lease periodical accounting proposal that you want to post.
- Select the record that you queried for, right-click and click Post Proposal to open the
Post Lease Accounting Periodical Proposal dialog box.
- Click OK to confirm the information.
Note: The same procedure can be used to carry out this activity in the
Lease Accounting Periodical Proposal window.