Post Proposal

Explanation

This activity is used to post an authorized lease periodical accounting proposal.

Before the lease proposal can be posted, the following must have been completed:

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.

Use the following procedure to post a lease periodical accounting proposal:

Open the Lease Periodical Accounting Proposals window and query for the lease periodical accounting proposal that you want to post.
Select the record that you queried for, right-click and click Post Proposal to open the Post Lease Periodical Accounting Proposal dialog box.
Click OK to confirm the information.

Note: The same procedure can be used to carry out this activity in the Lease Periodical Accounting Proposal window.