• Contract information such as General Information, Renewal & Cancellation Clauses, Conditions, Effective Interest Rate, Payment Increase Rate, Payment Plan, Contract Obligations, ROU (Right of Use) are saved on the cockpit screen pursuant to the adaptations and then the calculation details can be accessed.  

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• Correction postings of the contract conditions can be saved without any additional calculation. 

• There is a separate program for transfer of multiple contracts. The data is read from Excel and transferred to the contract tables. 

• After the contract postings are completed, the IFRS16 entries can be accessed when the relevant  parameters on the accounting screen are filled. 

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• With the effective interest rate entered within the scope of the contract, all payments are reduced to

their value at the beginning of the period, and over this value the interest amount and foreign exchange difference are calculated. 

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• The lease expense entry in the TPL (tax procedure law) book is taken back within the scope of IFRS 16 via the accounting program. 

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• Opening, interest expense, obligation payment, early closing, long-term/short-term transfer and

depreciation entries are also created.  

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• In contracts made in foreign currency, the national currency values ​​are displayed through the relevant

button. Accounting postings can be created for calculated exchange rate differences. 

• Calculations for contract scope changes are followed in different versions. Adjustment postings can be

created over the calculation differences between the two versions (TPL & IFRS). 

• The solution can be integrated with Non-SAP contract management applications. 

2. BENEFITS