Course announcements

  • Participants of this course will be introduced to the approaches in handling lease contracts in accordance with IFRS 16 and US GAAP ASC 842 regulations. After attending this course, they will be able to use the SAP Solution to cover these requirements, understand the behavior of different contract conditions within the valuation process and valuation-related posting processes. The most important configuration settings related to lease contracts and contract valuation will also be covered.
  • The participants will practice the setup and use of the main capabilities for contract valuation in SAP RE.

Course information

Content

  • Introduction to IFRS16, US-GAAP requirements
  • SAP Solution overview
  • Lease contracts and contract conditions
  • Contract valuation, valuation postings
  • Contract changes; impact on contract valuation
  • Overview on important configuration settings for leasing contracts and contract valuation

Goals

  • This course will prepare you to:
    • become familiar with the management of lease contracts in SAP S/4HANA in accordance to IFRS 16 and US GAAP regulatory provisions
    • understand valuation rules and their settings
    • understand contract valuation groups and the behavior of different contract conditions during the valuation process
    • understand valuation-related posting processes
    • understand important configuration settings related to the contract valuation process

Audience

  • Application Consultant
  • Business Process Owner / Team Lead / Power User

Prerequisites

Essential

  • Generic business process knowledge for Financial Accounting
  • Course ‘Contracts and Conditions in SAP Contract and Lease Management for SAP S/4HANA’ (S4F72)

Recommended

  • Course ‘Business Processes in SAP Real Estate Management in SAP S/4HANA’ (S4F70)

Course based on software release

  • SAP S/4HANA 2022 SPS0

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