Automate Asset Leasing through Microsoft D365 F&O

#assetleasing

Dynamics 365 Intelligent Order Management

Leasing is a contractual arrangement where one party pays the other for the use of an asset for a specified period.
Lease accounting is the process of recording the financial impacts of leasing activities.
New accounting standards require most leases to be recognized on the balance sheet, enhancing transparency.
Microsoft Dynamics 365 Finance can help companies set up, operate, and manage multiple lease accountings.
Enable Asset leasing in Feature Management and create Lease Books.
Define interest as an expense type and lease rate of interest as an index rate type.
Create new lease in Lease Summary and update details in Open Books.
Utilize inquiries and reports for reviewing and monitoring the financial impact of leases.

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