SAP LEASE ADMINISTRATION
Leasing is like Revenue Accounting and Reporting (RAR) essentially the DNA of Walldorf Consulting. Not only do we maintain a significant relationship with the SAP RAR development team, we are also an established SAP RAR ‘Go To‘ partner for many SAP entities worldwide.
What SAP Lease Administration
do for your company?
Gives full transparency to the entire leasing portfolio.
Visualizes management of the entire lifecycle with integrated workflows and consolidated views.
Supplies full cost control and compliance with leasing accounting standards ASC 842 and IFRS 16.
SAP itself also relies on our valuable input when it comes to leasing. The standard work “Lease Accounting with SAP” was published in cooperation with the WCA co-founder Hanno Hofmann.
IFRS 15 and IFRS 16 – Are you prepared for this?
Commercial law & internationalization now necessitate automated procedures.
The business world’s Increasing internationalization and changes to German commercial law are forcing companies to maintain various legally-required accounting standards in addition to their own financial statements and balance sheets. The new IFRS standards have introducted fundamentally new rules for revenue accounting from contracts with customers (IFRS 15 – to be applied to reporting periods beginning on or after January 1, 2018) and for leases (IFRS 16 – to be applied to reporting periods ending on or after January 1, 2018 or begin after 1 January 2019). Quite often, these rules compel new and significant adjustments within internal business processes and IT.
Walldorf Consulting supports you with speed, customization, individualization, implementation, and data migration.
WE ARE READY TO TALK YOUR PROJECT WITH YOU!