Core TSIs : Lease Accounting : 4-4-5 Lease Accounting : Working with 4-4-5 Lease Accounting : Specifying a 4-4-5 lease contract : 4-4-5 & using operating companies
4-4-5 & using operating companies
When using operating companies in combination with 4-4-5 lease accounting, an additional setting is required.
1. Go to Supporting data > Financial reporting entities > Components > Operating companies step.
2. For your financial operating companies that you maintain here, make sure that the Accounting level field is set to Week.
3. Click Save.
Do this for all your operating companies - you cannot use a mix of weekly and monthly settings!