IFRS 16 Compliance- step by step instruction for setup.
Hi,
I have noticed that though the patches for IFRS 16 compliance have been released by Oracle via the documentation released below, there is no mention of setting up accounting/ accounts for following: ROU, Liability, Depreciation ROU and Interest expenses from Property Management module iteself. The default AAD: PN_LEASE_ACCOUNTING is also not updated to uptake IFRS 16 after patch application. So do we have to setup the complete SLA setup for IFRS 16 compliance?
Enhancements to Property Manager for Compliance with New Accounting Standards, Releases 12.1.3, 12.2.4 ( Doc ID 2319447.1 )
Enhancements to Property Manager for Compliance with New Accounting Standards for Property and Equipment (