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foreign today we are going to discuss how to create a contract as per IFRS 16 leases in sap we have already done the basic configurations for a set Ru assets and also we have done the basic configurations relating to contract under refx module so lets begin now Im directly going to our sap easy access screen so this is my server this is sap easy access screen we can directly go to uh by entering a transaction code recn or there is a long path under accounting we have a separate module that is flexible Real Estate Management now here we have we have contract and under that recn process contract so I have already entered my company code and well just go to it and create a new object under this we need to choose a contract type so Im choosing reason lease accounting the first thing we need to do is to assign a partner we have already created a vendor and also discussed about the BP role extended to the vendor required under lease Accounting in my first video you can refer that video