Overview
Introduction to the NPS IFRS 16 lease accounting enhancement for Business Central
IFRS16 Setup
Setting up IFRS 16 configuration including number series, depreciation books, and posting groups
IFRS16 Contract
Creating an IFRS 16 contract and entering the contract header and contract lines
Payment Schedule
Building the IFRS 16 payment schedule — header, lines, modified installments, fixed asset creation, and confirmation
Posting Accruals
How to post monthly installments and accruals on IFRS 16 schedules
Reversing Accruals
How to reverse posted installments on IFRS 16 schedules
Contract Term Changes
Recording changes to IFRS 16 contract terms — new schedule versions, lease term extensions, and early termination
Reverse Schedule
Reversing an activated IFRS 16 payment schedule and its initial postings
Activate & Close
Activating and closing IFRS 16 contracts and payment schedules, including reactivating a schedule with the Old status
Contract Statistics
Viewing summary financial statistics for an IFRS 16 contract
Fixed Asset Depreciation
Calculating and posting depreciation for IFRS 16 fixed assets
Import from Excel
Importing an existing IFRS 16 payment schedule into Business Central from an Excel template