Creating Accounting Areas

Getting Started

Global Functions

Lucanet Lume

Data Hub

Administration

Extended Planning & Analysis (xP&A)

Consolidation & Financial Planning

ESG Reporting

Disclosure Management

XBRL Tagger

Lease Accounting

General Functions in Lease Accounting

User Roles in Lease Accounting

All Steps at a Glance

Basic Configuration for Lease Accounting

Importing and Configuring Reporting Entities

Creating and Configuring Asset Classes

Creating and Configuring Interest Rates

Creating or Importing Cost Centers

Creating Profit Centers

Creating Accounting Areas

General Configurations

Migrating Data

Selecting a Lessee

Collecting Data

Categorizing Components

Calculating Data

Creating Postings

Reversing Postings

Exporting Reports and Postings

Importing Postings into Consolidation & Financial Planning

Banking & Cash Management

Data Collection

Tax Compliance & Reporting

Glossary

Accounting areas are a master data dimension in Lucanet Lease Accounting. You can assign an accounting area to a contract component in the General information tab.

An accounting area applies either to a specific reporting entity or to all reporting entities.

The

Accounting areas

workspace requires the

Full access administrator

Settings administrator

role (see

User Roles

Accounting areas are also available if you use Lucanet Lease Accounting integrated with Consolidation & Financial Planning. Because this dimension does not exist there, accounting areas are not transferred to Consolidation & Financial Planning.

The Accounting areas workspace lists all accounting areas in a table and is displayed as follows, for example:

Displays the Accounting areas workspace with the table of existing accounting areas and the Add accounting area button. — The 'Accounting areas' workspace

To create an accounting area:

Navigate to Settings | Accounting areas.

Click Add accounting area. The Add Accounting Area dialog is displayed:

Displays the Add Accounting Area dialog with the reporting entity toggle, the reporting entity drop-down list, and the name field. — The 'Add Accounting Area' dialog

Specify whether the accounting area is related to a reporting entity:

Is the accounting area related to a reporting entity?

is set to

Yes

, select the

Reporting entity

in the drop-down list. By default, the reporting entity you are signed into is selected.

If you set the toggle to

, the accounting area is available for all reporting entities.

Enter the Name of the accounting area.

Click Save. The accounting area is displayed in the Accounting areas table and can be assigned to contract components of the corresponding reporting entity.

Last updated on Sep 2, 2026

Overview

The 'Accounting areas' Workspace

Creating Accounting Areas

Overview

The 'Accounting areas' Workspace