Importing and Configuring Reporting Entities
Last updated on 2024-12-19
Overview
A lessee is the party who receives the right to use an asset under the conditions of a lease contract. In Lucanet Lease Accounting, leases are recorded separately for each lessee.
In your role as lessee, you can select the companies you want to be configured as reporting entities in Lucanet.Financial Client. To ensure that the reporting entities are available in Lease Accounting, the existing reporting entities in Lucanet first need to be imported into Lease Accounting.
Importing and the management of reporting entities takes place in the Reporting entities workspace.
This article contains the following sections:
The ‘Reporting Entities’ Workspace
The Reporting entities workspace shows all the reporting entities that have already been imported from Lucanet.Financial Client:
The 'Reporting entities' workspace
Importing Reporting Entities
To import reporting entities from Lucanet.Financial Client:
- Click Import reporting entities.
The following notice will appear:
Reporting entity import notice
- Click Import to confirm the message and carry out the import.
Once they have been imported from Lucanet.Financial Client, the reporting entities will be displayed in the overview table. - Assign a Country or region and a Functional currency for Lease Accounting to each of the new reporting entities you have imported. To do this, click the
icon, go to the General information tab and select the required entry from the drop-down list. - If necessary, configure any additional details required to use the reporting entity in Lease Accounting (see Editing Reporting Entities)
- Click Update.
To ensure that reporting entities created at a later date in Lucanet.Financial Client can be used in Lease Accounting, carry out a new import and add the necessary details as described above.
When another import run is executed, only those reporting entities that have been created since the last import will be added. Any details that have already been edited in existing reporting entities will remain unchanged; they will not be overwritten when you perform a new import.
Editing Reporting Entities
symbol on the corresponding row.- Fields marked with a * are mandatory fields. The number of mandatory fields in each tab and how many have already been filled in is displayed next to the name of the tab:
- Fields that have been grayed out cannot be edited. They are filled in automatically based on the information in Lucanet.Financial Client.
The 'General information' tab
Option
Description
Technical ID
Shows the technical ID assigned to the company in Lease Accounting
Company
Shows the name of the reporting entity
OID
Shows the OID of the reporting entity in Lucanet.Financial Client
Functional currency
Designated functional currency for the company in Lease Accounting
You can select the required entry in the drop-down list or search for it using the search box.
Default currency of reporting entity
Shows the default currency configured for the company in Lucanet.Financial Client
Country or region
Country or region of the reporting entity
You can select the required entry in the drop-down list or search for it using the search box.
The 'Contact person' tab
Option
Description
First name
First name of the company’s contact person
Last name
Surname of the company’s contact person
E-mail address
E-mail address for the company’s contact person
Job position
Position of the company’s contact person
The 'Additional information' tab
Use the Additional information tab to add comments on the reporting entity in a plain text box.