The new accounting standard for leases will affect practically every company using leases to obtain access to real estate and movable assets. It has an extensive impact on lessees’ business processes, systems and controls. SAP Real Estate Management, which is part of SAP ERP, provides lease management for property and movables leases including Financials integration into accounts payable and asset accounting, and can help to address the challenges around the new standard. This session gives an introduction into the solution approach.