Informational valuation rule means that the valuation calculated and amortization schedule generated from the valuation run will not be posted. You can view them in the reports and in the contract overview but no accounting documents will be posted a...
You have to understand that the asset recognized in IFRS16 is not a physical asset but a right-of-use asset. It represents the right to an object that you are leasing. Technically, you can assign multiple objects in a contract, for example, if you're...
Not sure if I got the question correctly but are you asking if you can assign an existing asset to the lease contract? Or are you asking if you can use the asset from an existing contract and assign it to another contract?
In IFRS16, any balance of advance rent or balance of any prepaid rent is considered part of the initial cost of the ROU asset. If you are running the monthly accrual/deferral transaction in RE-FX, then the system will automatically determine the prep...
Accounting treatment for lease out is not the same as with lease in/payable contracts. For lease outs/receivable contracts, straight line recognition of revenue is the accounting treatment. With IFRS16, you can set up a valuation rule to spread out t...
