Within SAP's Fixed Asset module there is a nice feature to track capital leases. With a few straightforward steps in configuration, the system can calculate the interest and depreciation for each lease payment, as well as generate the open items in Accounts Payable for payment to the vendor. Once the leased asset is set up, calculating and posting interest as well as making payments involves no extra work for the user community...a great improvement over manual tracking.

Audience:  Business User and Consultant

Level:  Intermediate

File format:  8-page, non-narrated, pdf

You will learn: 1) to create, post, invoice, and report the monthly depreciation and interest associated with capital leases, and 2) Learn the key SAP configuration for each.

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