---
title: "Creating Accounting Areas"
description: "Create accounting areas as a master data dimension and assign them to contract components."
source_url: https://support.lucanet.com/en/documentation/lease-accounting/basic-configuration-lease-accounting/manage-accounting-areas
language: en
last_updated: 2026-09-02
---
# Creating Accounting Areas

## Overview

Accounting areas are a **master data dimension** in Lucanet Lease Accounting. You can assign an accounting area to a [contract component](https://support.lucanet.com/en/documentation/lease-accounting/data-collection/create-configure-contract-components.md) in the **General information** tab.

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

> **Note:** - The **Accounting areas** workspace requires the **Full access administrator** or **Settings administrator** role (see [User Roles](https://support.lucanet.com/en/documentation/lease-accounting/user-roles-la.md)).
> - 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

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.](https://support.lucanet.com/assets/docs-images/lease-accounting/basic-configuration-lease-accounting/manage-accounting-areas/_images/en/accounting-areas-workspace.png)
The 'Accounting areas' workspace

## Creating Accounting Areas

To create an accounting area:

1. Navigate to **Settings | Accounting areas**.

2. 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.](https://support.lucanet.com/assets/docs-images/lease-accounting/basic-configuration-lease-accounting/manage-accounting-areas/_images/en/add-accounting-area.png)
    The 'Add Accounting Area' dialog

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

    - If **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 **No**, the accounting area is available for all reporting entities.

4. Enter the **Name of the accounting area**.

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