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Oct 18, 2019 at 04:23 AM

IFRS 16 – Real Estate Management Solution in S/4 HANA Public Cloud

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Hi All,

In order to comply with the new IFRS 16 lease accounting standard, we are required to recognize a right-of-use (RoU) assets and a lease liability for almost all type of lease contacts in S/4 HANA Public Cloud. The following link provides the SAP solution in general but does not provide the details specific for S/4 HANA Public Cloud.

https://blogs.sap.com/2018/09/21/ifrs16-lease-standard-sap-solution-through-real-estate-management/

Can you please help me to answer the questions below?

  1. Is the new IFRS 16 lease accounting standard supported in S/4 HANA Public Cloud?
  2. If yes, what are the activation and license requirements?
  3. At what extend, do we need to use Real Estate Management and does it require a full module activation/license?

Thanks,

Gozde