Creating an Asset for the Capital Lease Method 

  1. Call up the transaction as follows:
    2.

    Menu Path

    Accounting ® Financial Accounting ® Fixed Assets ® Asset ® Create ® Asset

    Transaction

    AS01

  2. Enter the following data:
    3.

    Field

    Data

    Asset class

    6001

    Company code

    1000

    Number of similar assets

    1

  3. Choose .
  4. On the General tab page, enter a description for your asset.
  5. Choose the Time-dependent tab page, then enter business area 9900.
  6. Choose the Leasing tab page, then enter the following data:
    7.

    Field

    Data

    Leasing Company

    1000

    Agreement number

    12345

    Agreement date

    01.01. of the current year

    Notice date

    31.08. in 4 years

    Lease start date

    01.01. of the current year

    Lease length

    4

    Type

    L1

    Base value as new

    54,000

    Purchase price

    10,000

    No lease payments

    48

    Payment cycle

    1

    Lease payment

    1,000

    Annual rate of interest

    7.5

  7. Choose . The system calculates the present value of the asset and enters this in the Present value field.
  8. Choose .
  9. Note the number of your asset.
  10. Choose .