What is indicator in SAP EPM-FC-SK - FC Starter Kit for IFRS?

SAP Term: indicator

• Component: EPM-FC-SK

• Component Name: FC Starter Kit for IFRS

• Description: Account / flow pair

Smart SAP Assistant

• Key Concepts: 
  An indicator is a flag or signal that is used to indicate the status of a particular process or activity. In the context of the EPM-FC-SK FC Starter Kit for IFRS 16, an indicator is used to indicate whether a lease is an operating lease or a finance lease. 
  
  How to use it: 
  The indicator is used to determine the type of lease that is being entered into. If the indicator is set to “operating”, then the lease is an operating lease. If the indicator is set to “finance”, then the lease is a finance lease. 
  
  Tips & Tricks: 
  It is important to ensure that the indicator is set correctly when entering a new lease, as this will determine how the lease will be treated for accounting purposes. 
  
  Related Information: 
  For more information on indicators and how they are used in SAP, please refer to the SAP Help documentation.