In lease accounting, how do you extend a dilapidation?
Summary:
Hi, we have numerous IFRS16 leases that have dilapidations. We have had a few cases where the lease (incl the dilaps) need to be extended but the system doesn't allow the payment date of the dilapidation to be changed. I understand we need to create a new dilapidation but what amount do we update the existing one to be? We tried to zero it out but that created incorrect GL entries.
Thanks,
Alison
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25D
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