| Setup tasks |
-
Creating lease types*
- Creating non-lease components*
- Creating date codes*
- Creating allocation codes*
- Set the lease adoption date for long term operating leases for
the ASU 842 regulation.
- Creating a lease
- Creating a lease payment
- Running the classification
test
- Creating one or more leased
assets for long-term operating and finance leases
-
Releasing the lease
*See the Financials Setup and Administration
Guide.
|
| Interface |
If you are interfacing your data, then
perform these tasks:
-
Formatting your non-Infor
data so that it can be imported.
-
Importing the data into the Infor interface files
-
Interfacing the lease data
-
Interfacing the lease payment data
-
Interfacing the leased asset data (using Asset Accounting)
-
Releasing the interfaced leases
|
| Processing |
- Creating lease invoices
- Adjusting invoices
- Approving lease invoices
- Interfacing invoices to
Payables
- Calculating interest amounts
- Posting leases
- Terminating leases
- Closing a lease period
- Purging lease history
|
| Analysis and reporting |
These are the methods for viewing and
analyzing Lease Accounting data:
- Online pages
-
Reports
- The Infor
Drill Around® feature
You can also use Global Ledger to increase your reporting and inquiry
capabilities.
|