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Lease modification in multi-book

edited Jun 2, 2025 2:22PM in Accounting / ERP 5 comments

Hi

I am testing leases with multi-book, and it seems to work great. Except when I performed a lease modification, the lease modification journal impacting the fixed asset and lease liability was only a book specific journal entry and it only revalued the FAM asset primary book current asset and NBV amounts.

I did a workaround of posting a book specific journal in the secondary book then modifying the FAM alternate depreciation current cost amount and NBV. However with workarounds I am concerned i may have not followed the right process and caused downstream impacts later.

Is this a common issue with lease modification journal entry only being book specific and only revaluing primary book asset? Seems not in line with the original lease journal which is book generic.

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