Description

SAP Leasing is a cloud-based lease management solution designed for accounting professionals. It enables users to perform parallel valuation according to different international accounting principles, manage the entire contract management process from quotation to end-of-lease, streamline tasks such as financial mathematics, pricing, and tax determination, process purchase orders and vendor invoices, collect and maintain the information about the lease structure, the payment schedule, and the end-of-lease options, and define different late fees and bill the customer. Features include interest calculations, lease accounting engine, document management, lease cancellation options, and asset accounting.