Lease Accounting: Is short term lease exemption is enabled
Summary:Lease Accounting: Is short term lease exemption is enabled
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Please confirm whether the short‑term lease exemption is enabled. According to IFRS 16, short-term lease less than 12 months are exempted. Therefore, our expectation is that short‑term leases cannot be activated in the system. I can currently activate a 10‑month lease. This doesn’t impact the current timeline, but we should align on the desired approach for any future short‑term leases.
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25D
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