Fixed Assets - EBS (MOSC)

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FA Asset Leases and Payment Schedules

Hi,

Need below clarifications

1) FA Asset Leases and Payment Schedules does it generate the required normalized JV entries as per IFRS 16 and does it get posted to GL automatically?

2) is there any way to include annual discounts in payment schedules, so that the credit memo gets generated in AP when it's exported. This is should also have a net effect on the present value and fair value of an asset.

The asset user guide does not mention anything specific to these IFRS entries, Any response is very much appreciated.

Thanks

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