SAP was founded in 1972 and is headquartered in Walldorf, Germany. The company employs over 105,000 people globally and develops software solutions for enterprise resource planning (ERP) and related business functions. SAP’s early products, SAP R/2 and SAP R/3, were widely adopted for managing core business processes. Its current ERP platform, SAP S/4HANA, uses in-memory computing to support data-intensive operations and integrates capabilities such as artificial intelligence and machine learning. SAP offers a portfolio of software applications that support various business functions across industries. These applications are designed to operate on a unified digital platform. As of 2025, SAP reports over 230 million cloud users and provides more than 100 solutions. The company’s offerings are used by organizations to manage finance, human resources, procurement, supply chain, and other operational areas.
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IFRS16: the managment of leasing contract in different currencies for all the entity implemented; the conversion of the amounts at the current conversion rate enable the alignment of accounting records with the trial balance criteria; the automation of accounting when integrated with SAP general ledger; the management of intercompany contracts with track of debt, leasing costs and interests (when implemented the intercompany counterpaties)
Good best practices, no need to make major customizations.
IFRS16 application: It is not clear if it is possibile to manage financial leasing It is not clear if it is possibile to change depreciation plan for asset based on asset uefull life It is not clear how to dismiss the asset created during leasing contracts record when the corresponding contract has come to the end.
nothing