term asset leased help what is
Meaning of leased asset. What is it: manufacturer or leasing company. These assets are different.

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Definition leased asset

LEASED ASSET title: leased asset (FI-AA) (SAP Library - Glossary)
LEASED ASSET category: Asset Accounting (FI-AA)
LEASED ASSET explained:

An asset that has not been bought, but is leased from the manufacturer or leasing company.

These assets are different from normal leased assets, depending on the terms of the lease, primarily in regard to how they are shown in the balance sheet. In certain circumstances, leased assets have to be capitalized by the lessee. The SAP System provides the capital lease procedure for this purpose.

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