Creating an Asset for the Operating 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

    6000

    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

    108,000

    Purchase price

    20,000

    No lease payments

    48

    Payment cycle

    1

    Lease payment

    2,000

    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 the Deprec. areas tab page, then select the "Deact" field for depreciation areas 30 and 31.
  9. Choose .
  10. Note the number of your asset.
  11. Choose .