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Function documentation Leased Assets Locate the document in its SAP Library structure

Use

In Thailand, if you lease equipment from another company, you show it on your balance sheet under property, plant, and equipment. You can claim the appropriate portion of the asset's depreciation incurred during the lease.

Example

You lease a concrete mixer for one year. The price of the mixer is THB 800,000, and the lessor has estimated that it has a useful life of eight years. Assuming straight-line depreciation, the amount of depreciation that you can claim is THB 100,000.

For more information, see Structure linkLeased Assets.

Activities

Customizing

Define leasing types in Customizing for Financial Accounting (FI), by choosing Asset Accounting ® Special Valuation ® Leasing ® Define Leasing Types. When you specify an input tax code, only use deferred tax codes as input tax (see Deferred Tax).

So that you can post the interest charged by the lessor, define the interest expense and clearing accounts in Customizing for FI, by choosing Asset Accounting ® Special Valuation ® Interest ® Assign Accounts.

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