Possibility to adjust lease without recalculate ROU amount — Cloud Customer Connect
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Possibility to adjust lease without recalculate ROU amount

in Assets 1 comment

Hi,

I am using FA Lease feature. I would like to know is it possible to adjust lease without recalculate ROU amount.

We got the requirement that when adjust lease (Include both increase or decrease payment amount or lease terms), the system should recalculate only Lease Liability.

As my understanding, when we do the lease adjustment, system will always recalculate ROU and Lease Liability.

But I have tested the case the increase lease terms from 36 months to 60 months by selecting 'Exclude from Cost' as below screenshot,

After submitted, the ROU cost will not change as expect.

But this can be apply only increase payment terms case.

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!