
Explore the basics of leasing and revenue recognition under IFRS 16 and IFRS 15, including lease-in, lease-out, subleasing, and the shift from cash to accrual accounting.
Follow a bottom-up configuration to create account symbols and flow types for condition types. Assign condition groups to rental contracts to govern posting, sequencing, and distribution in sap re-fx.
Learn how to configure renewal and notice procedures in SAP RE-FX, including standard and individual renewal rules, manual vs automatic approvals, and notice periods for contract terminations.
Understand service charge settlement by configuring participation groups and settlement units, apportioning costs like maintenance and security to apartments based on area, and posting and settling costs in SAP RE-FX.
This comprehensive course provides a deep dive into SAP Real Estate Management (RE-FX) with a specialized focus on Lease and Contract Management in compliance with IFRS 16. Designed for both beginners and experienced SAP professionals, this course equips you with the functional and technical knowledge required to configure, implement, and manage end-to-end lease accounting processes in SAP.
Starting with a clear understanding of lease accounting principles under IFRS 16, the course walks you through the complete lifecycle of lease contracts inside SAP RE-FX—covering contract creation, classification, valuation, posting flows, integration with FI-AA (Asset Accounting) and FI-GL, renewal processes, and reporting.
You will learn how to configure RE-FX master data, valuation rules, and account determination, along with hands-on demonstrations of real business scenarios such as operating and finance leases, right-of-use asset setup, lease modifications, reassessment, and automated posting of lease liabilities.
Whether you are an SAP consultant, end user, finance professional, or someone preparing for an SAP Real Estate project, this course gives you practical insights, real examples, configuration know-how, and a strong foundation to support IFRS-compliant lease operations in your organization.
By the end of the course, you will be able to confidently implement and manage SAP RE-FX Lease and Contract Management and support IFRS 16 reporting requirements with ease.