Lease-Out for Sublease Accounting - Group Ledger IFRS

This scope item supports the lease -out scenario in a sublease contract.

A sublease is a lease agreement between a lessee who already holds a lease contract and another party called the sublessee who wants to use of the object of the original lease contract. The lessee assigns or gives certain rights to the sublessee that are held under the terms of the original lease with the owner.

In a lease-out scenario, the lessee who already has a lease-in contract with the lessor, creates a lease-out contract that includes the IFRS16 compliant valuation, to support the sublease option.

Key Process Steps Covered

  • Create contract
  • Maintain contract
  • Make adjustments
  • Integrate SAP S/4HANA and C4RE
  • Perform periodic posting contract
  • Post contract valuation
  • Change customer
  • Report contract
  • End contract
  • Perform administration tasks

Benefits

  • Support compliance requirements for lease-out scenarios
  • Support comprehensive leasing processes within IFRS 16
  • Standardize and automate your recurring lease administration activities
  • Gain full control and visibility of leases and critical dates
  • Monitor critical dates on your leases, such as lease notifications and renewal