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Former Member

treatement of leased computers

Hi

One of my customers has brought computers

on lease. The customer has Asset Accounting

activiated in the system. I want to know

1. Creation of asset master records for leased

assets in SAP.

2.How will the accounting flow occur for such assets in

Indian Context

3. What will be the basic config for the same in SAP

4. What will be the process for acquisition and retirement of such assets

5. The booking of depreciation for such assets in Indian context

Regards

Sanil Bhandari

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2 Answers

  • Best Answer
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    Former Member
    Aug 22, 2007 at 10:04 AM

    Hi

    If we are talking about the finance lease then in the depreciation area we have to maintain another depreciation keys named as LEAS.

    Once the depreciation keys is maintained we can create the assets . In the lease tab you have to maintain the necessary information with rgds the lease amount the period of the lease interest rate and the starting date of the lease once if you put all the informtion and save then display the assets you can get the calculate lese amount . once you click the botton it automatically calculate the proposed value of the installment and get posted.

    the interest portion of the lease gets calculated when you periodically run the depreciation .

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    Former Member
    Aug 21, 2007 at 02:26 PM

    HI,

    Can you be more clear on your issue.

    What kind of a lease is it? i.e will the asset get transferred to the customer on termination of lease.

    Lease Period, will the customer claim the dep.

    Regards,

    Vijay

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    • Former Member

      Hi

      The customer has both types of leases, capitalized and operational. The Asset will be returned back to the ownwer at the end of lease.

      Regards

      Sanil Bhandari