Performing initial setup of IFRS-16 module

Entering general settings

1. Click the button, which will open the Search function and enter Leasing Setup (IFRS 16), go to the corresponding link.
2. Fill in the following fields on the settings card:

Field	Description
Long-Term G/L Account No.	Select an accounting account for long-term rental obligations. The selected account in this window will be automatically transferred to the rental object card. This account can be changed in the rental object card.
Short-Term G/L Account No.	Select an accounting account for short-term rental obligations. The selected account in this window will be automatically transferred to the rental object card. This account can be changed in the rental object card.
Income Account No. of Difference Operations	Select an account for negative differences (revenues) arising from the initial recognition of assets.
Expense Account No. of Difference Operations	Select an account for positive differences (expenses) arising from the initial recognition of assets.
Leasing Interest Account No.	Select an account for accruing financial expenses (interest) on rent. This account will be used in all current liability accruals under lease agreements.
Leaser Vendor Posting Group	Select a vendor accounting group for accounting for settlements with lessors under lease agreements. The accounting group selected in this window will be automatically transferred to the rental object card. This group can be changed in the rental object card.
Customer Template Code	Select a Customer Template Code, which will be used to create a Customer from the Leasing Object card for natural payment bunches settlements.
Technical Account No. For Person Payment	Select a GL account - off-balance sheet to reflect until the payment operation is carried out in the Vendor Ledger Entry.
Vendor Posting Group For Technical	Select a vendor posting group - technical, with settings on an off-balance sheet account to reflect until the payment operation is carried out in the Vendor Ledger Entry.
Rounding G/L Account No.	Choose a G/L account for rounding - this should be a non-balance account where pennies that arise from rounding will accumulate.
IFRS-16 Gen. Jnl Tmpl Name	Choose the name of the financial journal template in which operations will be recorded before posting.
IFRS-16 Gen. Jnl Batch	Choose the name of the financial journal section in which operations will be recorded before posting.
Check Existing Accruals for Leasing Calculations	If set to "Yes", general journal lines will not be created while leasing calculation are already in journal or they were posted already and alternatively there are no rows in the journal, but there are entries in the Vendor Ledger Entry with Document Type "Invoice", where the transaction amount for the leasing object for the period is Amount less than zero. If Purchase Order is used, then repeat orders will not be created for the period if there are already posted purchase invoices for this period.
Leasing Object Nos.	Select a series of numbers for rental objects.
Discount Factor Nos.	Select a series of numbers to be used in the Discount Factors directory.
Usage Rights Nos.	Select a series of numbers for User Rights (FA).
Use Purchase Order	If set to "Yes", the Leasing Payment is accrued by creating and posting a purchase order. If set to "No", the Leasing Payment is accrued by creating and posting financial journal lines.
Usage Rights Gen. Jnl Nos.	Select a series of numbers to be used in the financial journal for basic operations (primary recognition and recalculation of obligations and user rights).
Leasing Accrual Nos.	Select a series of numbers for regular accrual operations.
Source Code	Select a source code that specifies the priority of dimensions for leasing objects.
Usage Rights Class Code	Choose the FA class code to be used when creating User Rights.
Usage Rights Subclass Code	Choose the FA subclass code to be used when creating User Rights.
Depreciation Book Usage Rights	Choose the FA depreciation book that will be used by default to create a User Rights object and on which operations related to this object will be subsequently carried out.
Usage Rights Employee No.	Choose the code of the employee who will be used in FA operations for user rights. The value from this field goes to the object card, rental, and can be changed by the user for a specific rental object.
Usage Rights Location Code	Choose the FA warehouse code that will be used in FA operations for user rights. The value from this field goes to the object card, rental, and can be changed by the user for a specific rental object.
Usage Rights Posting Group	Choose the FA the posting group that will be used in FA entries for usage rights
Auto Posting Leasing Purchase Order	If = YES indicates whether the order will be posted automatically. If = No just the created purchase orders page will open for manual posting
Auto Posting Natural Bunch	If = YES indicates whether the accrual in kind will be posted automatically. If = No just generates sales order documents.
Document Version Declaration 4 Group	Fill in version of the XML for 4th Group Taxpayer Declaration.
Document Version Declaration Application 1	Fill in version of the XML for 4th Group Taxpayer Declaration Application 1.
Document Version Declaration Application 3	Fill in version of the XML for 4th Group Taxpayer Declaration Application 3.

Discount factor settings

1. Click the button, which will open the Search function and enter Discount Factor, then follow the link.
2. Click the New button and sequentially fill in the following fields:

Field	Description
No.	Automatically filled out in accordance with the Series of Numbers selected in the IFRS-16 Settings.
Type	Fill in manually in any form as a comment. The type should indicate to which rental direction this discount factor should be applied.
Period start and end	Specify the period during which this discount factor can be applied. This period must be equal to or exceed the rental contract period.
Factor value in Perc.	Specify the size of the discount factor as a percentage.
Comment	An optional field.
Actual	Choose "Yes".

Setting up natural payment bunches

1. Click the button, which will open the Search function, and enter Natural Payment Bunches, then follow the link.
2. Click the New button and fill in the following fields sequentially:

Field	Description
Bunch No.	Enter the natural payment set number.
Bunch Name	Enter the name of the natural payment set in any form.
Item No.	For each product included in the set, enter the product codes in separate rows, which will be used for calculation.
Item description	Automatically filled in after filling in the Product code field.
Quantity	Enter the quantity of the product in base units of measurement, which is planned for payment to one lessor (shareholder).
Indicative price	Enter the indicative value of one base unit of the specified product.
Amount	Calculated field. It is the product of Quantity and Indicative value.

Setting up Land Categories Types

1. Click the button, which will open the Search function, and enter Land Categories Types, then follow the link.
2. Click the New button and fill in the following fields sequentially:

Field	Description
Entry No.	Enter the record number in any form.
Name	Specify the category name. Category names must correspond to the names used when filling out Declaration Form 4.
Tax rate	Enter the tax rate as a decimal number, not as a percentage. That is, not 14%, but 0.14.
Validity Date From	Enter the start date for the period for which this rate will be valid.
Validity Date To	Enter the end date for the period for which this rate will be valid.

Creating number series

Create number series for the following objects:

1. For discount factors,
2. For basic operations that will be used in the financial journal,
3. For rental objects,
4. For regular accrual operations.