Intercompany Occupancy and Contract Management– Group Ledger IFRS (5YW)

Intercompany Occupancy and Contract Management– Group Ledger IFRS (5YW)

Affiliated companies often lease space from each other. Intercompany occupancy and contract management  enables the functionality of managing lease-in contracts for the occupying affiliate company and the lease-out contract for the managing company automatically. It supports all relevant leasing processes like partner posting, valuation posting, or rent adjustment to the IFRS 16 ledger (2L).

Key Process Steps Covered

  • Open Group Real Estate Object for Occupancy (F5592) app
  • Search for building or land to be occupied by an affiliated company by company code and object type
  • Create object group with intercompany object category
  • Check occupancy of real estate objects

Benefits

  • Use single repository for all real estate assets in the entire portfolio independent of back-end system
  • Collect costs by real estate location, supporting financial reporting and location analysis
  • View vacancy/occupancy reporting for each location based on space type
  • Simplify contract management for leasing between affiliated companies

Additional Information

  • This scope item requires an additional SAP S/4HANA Cloud license
  • This scope item is excluded from the default activation

Where is Intercompany Occupancy and Contract Management– Group Ledger IFRS(5YW) being used?

This Scope item is used in the following way:

  • As a support function of Advanced Accounting and Financial Close within Finance Scope Item Group
  • As a management function of Real Estate Management within Finance Scope Item Group

No Process Flow details available for scope item Intercompany Occupancy and Contract Management– Group Ledger IFRS(5YW)-s4hc-2111
Ref: Finance of SAP S4HC-2111
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