SAP Knowledge Base Article - Preview

2537165 - IFRS 16 Leasing in SAP Business ByDesign

Symptom

IFRS 16 provides guidance on accounting for leases.
The standard becomes effective for fiscal years beginning on 1st January 2019 or during calendar year 2019.

The SAP Business ByDesign Development team are currently working on an adoption plan of the IFRS 16 principles, analyzing the implications for leasing providers (lessors) on the one hand and lessees on the other hand, into SAP Business ByDesign.

Early application of the IFRS 16 Leasing principle is permitted, which can, however, only be achieved through individual identification of a suitable solution and its respective implementation into SAP Business ByDesign.  


Read more...

Product

SAP BUSINESS BYDESIGN 1708 ; SAP Business ByDesign 1711

Keywords

KBA , do you want to enable revenue accounting , revenue accounting contracts , AP-CR-CR , Customer Requirement , How To

About this page

This is a preview of a SAP Knowledge Base Article. Click more to access the full version on SAP for Me (Login required).

Search for additional results

Visit SAP Support Portal's SAP Notes and KBA Search.