FINANCE LEASE REGISTER Instruction of excel template Finance lease register KGG fiancial.

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Presentation transcript:

FINANCE LEASE REGISTER Instruction of excel template Finance lease register KGG fiancial

Finance lease register This excel template is a tool to handle finance lease from an accounting point of view. Then a lease agreement is determined as a finance lease you need to account for the lease equipment as fixed and an interest bearing liability. KGG fiancial

Finance lease register This is the main menu Open Identification – it is in this menu you enter your leasing assets. Open report - this is the report that is showing your assets and liablities Open journal – here is the guidance how to account for the finance lease Currency conversion - There is a possibility to use different currencies for the the assets. Under this menu you convert to current currencies. Currency – If you use different currencies you enter the currency rates under this menu Settings – you set all base settings under this menu KGG fiancial

Finance lease register Open Identification You enter your new identfication in this screen or you choose an alreade entered identification. KGG fiancial

Finance lease register Open Identification When you have entered you values will see the implicit rate and rate for each payment occasion. If you save the identification will be saved, both the rate and the depreciation KGG fiancial

Finance lease register Open Identification When you have entered you values will see the implicit rate and rate for each payment occasion. If you save the identification will be saved, both the rate and the depreciation KGG fiancial

Finance lease register Open Identification You will get support report for the outcome from the finance lease asset KGG fiancial

Finance lease template Report The report will show you all your items, depreciation, interest rate and so on. You can choose any date. KGG fiancial