Students taking this class will understand the fundamentals of lease accounting within IBM TRIRIGA. They will be able to calculate and manage FASB and IASB information. They will also be able to activate new leases, perform accounting modifications and terminate leases. Students will be able to prepare related reports for lease accounting details.

After completing this course, you should be able to perform the following tasks:-- Complete TRIRIGA application Lease Accounting setup-- Activate and modify a TRIRIGA Real Estate Lease-- Manage and calculate Lease Classifications-- Generate Accounting Schedules-- Perform Lease Accounting assumptions-- Manage Accounting Calendar-- Manage Journal Entries and General Ledger codes

The typical student for this course may be finance and accounting personnel in a corporate lease accounting group

Students should take TRIRIGA Real Estate: Lease and Owned Contract Management course (8D542G) in advance of taking on Lease Accounting

After completing this course, you should be able to perform the following tasks:-- Complete TRIRIGA application Lease Accounting setup-- Activate and modify a TRIRIGA Real Estate Lease-- Manage and calculate Lease Classifications-- Generate Accounting Schedules-- Perform Lease Accounting assumptions-- Manage Accounting Calendar-- Manage Journal Entries and General Ledger codes