I shall talk about the End to End to Configurations in Asset Leasing Module with various scenarios covered and its Used Cases in the Industry.
Asset leasing complies with International accounting standards (IFRS 16) and US GAAP standards (ASC 842). Asset leasing captures and processes information about the leases and helps generate journal entries throughout the lifecycle of the lease, from initial recognition, monthly journal entries, to impairment and termination of the lease.