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Is Fusion Leasing ONLY for payable leases? GASB87?

Received Response
edited Feb 8, 2021 10:00PM in Assets 1 comment


Is anyone able to confirm if Fusion Leasing is only for asset leases or leases where the business is paying for rental/agreement of some sort? Is there functionality to also track leases where the business is receiving money i.e. rent on office spaces, etc.? Knowing they are different purposes, I'm wondering how Fusion would handle them both. Also, does anyone know if GASB87 accounting standard is always going to be handled through SLA or if it will be included/delivered at some point? Thanks!



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