SAP Contract and Lease Management

This solution enables the parallel valuation of rental and leasing contracts according to different accounting principles for lease-in and lease-out relationships. Based on these valuations, postings are made in Asset Accounting and in the financial statement.

Supporting the Full Leasing Lifecycle

Odoo • Image and Text

Contract Closeout /Renewal

➤  Management of termination options

➤  Execution of renewal options

Compliance

➤  Lease classification

➤  Calculation lease valuations

➤  Manage valuation modification

Odoo • Text and Image
Odoo • Image and Text

Rating and Classification

➤  Structured communication

➤  Track lease progress

➤  Document versions and tracking

Contract Execution

➤  Contract abstraction

➤  Assignment of CO cost objects

➤  Document terms and conditions

Odoo • Text and Image
Odoo • Image and Text

Administration

➤  Manage terms and conditions

➤  Monitor critical dates and options

➤  Generate letters and correspondence

Functional Overview

 Supports the full lifecycle of the contract (create, maintain, post to FI, adjustment, renewal, give notice) 

➤ Different contract types

➤ Integration into SAP Financials

➤ IFRS 16 / US GAAP ASC 842 compliant

➤ Adjustment process

➤ Sales based rent

➤ Reminder dates

➤ Integration to other SAP components

➤ CAM / Service charge settlement

➤ Document management

Supporting IFRS 16 and US GAAP ASC 842 Compliance

SAP Contract and Lease Management is built on the integrated contract management functionality of the SAP Real Estate Management application and leverages IFRS 16 and US GAAP ASC 842 enhancements.

 Valuation and Classification

 Multi-GAAP Posting

 Contract Management

Capabilities

Detailed Contract
Management Solution

Direct Finance Integrated Cash Flow
with Tax Management and
Multi-Currency Functionality

Support for New Leasing Regulations
with Full Financial Integration

Integration with SAP S/4HANA or SAP ECC
to Help Ensure Consistent Financial Insight

Integration with Accrual Engine,
Cash Management and SAP BI

Benefits

Easy to use, personalized, and simplified user experience with SAP Fiori

Open, flexible, and expandable system that supports on-trend functionality

Flexible, scalable IT infrastructure, and fast, mobile accessibility to Big Data

Improved user productivity by simplifying day-to-day tasks

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and learn more about SAP Contract and Lease Management