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Daily Archives: 6. November 2023

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Accounting of leasing contracts in accordance with IFRS 16 with SAP RE-FX

SAP RE-FX WikiBy Sandra SpönemannNovember 6, 2023

In this article, we will try to explain the basic configurations for lease accounting with SAP RE-FX. Introduction: A lease is an agreement between two parties for the temporary use of an asset in exchange for payment. Leases can include all types of assets, from real estate such as office buildings to equipment such as machinery and...

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