Asset Lifecycle Management - PSFT (MOSC)

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Lease administration transition date

edited Dec 10, 2018 4:05AM in Asset Lifecycle Management - PSFT (MOSC) 2 commentsAnswered

Hi ,

We are in FSCM 9.2 pum 28.

We would like to know whats the effect of transition date on the Setup financials/supply chain->install->installation optins->lease administration.

We have already checked the check box for the new FASB standards but we didnt enter the transition date.

We have entered a few leases. We would like to know what will be the effect on the lease if we enter a transition date.

IF we enter 01/01/2019 as the date then will the leases have a different calculations by that time for example will the present value of the lease payments change for the leases which we have entered alreayd in the system.

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