Post Proposal
Explanation
This activity is used to post an authorized lease accounting periodical proposal.
This can be performed by selecting the Post 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.