Is there a seeded report for lease reassessment made to leases during the period?
in Assets
Summary:
Knowing the limitation in Fixed Asset Leases that there are no journals when any financial terms changed on an active lease, is there a report that user can utilize to list the leases and financial details changed on any active lease during the period.
Content (please ensure you mask any confidential information):
In certain cases, the business may need to reassess financial terms for active leases associated with specific assets. However, once the reassessment is submitted for review, no journal entries are automatically generated. Finance users with access to lease data must manually create and post the necessary adjustments in Fixed Assets. This manual intervention introduces a potential risk that should be monitored.
0