Lease-Out for Sublease Accounting (2SB)

Lease-Out for Sublease Accounting (2SB)

The Lease-Out for Sublease Accounting scope item supports the lease-out scenario in a sublease contract.

A sublease is a lease agreement between a lessee who already holds a lease contract and another party called the sublessee who wants to use of the object of the original lease contract. The lessee assigns or gives certain rights to the sublessee that are held under the terms of the original lease with the owner.

In a lease-out scenario, the lessee, who already has a lease-in contract with the lessor, creates a lease-out contract that includes the GAAP compliant valuation, to support the sublease option.

Key Process Steps Covered

  • Create contract
  • Maintain contract
  • Make adjustments
  • Integrate SAP S/4HANA and C4RE
  • Perform periodic posting contract
  • Post contract valuation
  • Change customer
  • Report contract
  • End contract
  • Perform administration tasks

Benefits

  • Support compliance requirements for lease-out scenarios
  • Support comprehensive leasing processes within IFRS 16
  • Standardize and automate your recurring lease administration activities
  • Gain full control and visibility of leases and critical dates
  • Monitor critical dates on your leases, such as lease notifications and renewal

Additional Information

  • This scope item requires an additional SAP S/4HANA Cloud license

Where is Lease-Out for Sublease Accounting(2SB) 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 Lease-Out for Sublease Accounting(2SB)-s4hc-2111
Ref: Finance of SAP S4HC-2111
Best Practices related to S/4HANA*1) Yearly Updates are released per September of each year
*2) The Quarterly updates are released per Februari, May, August and November
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