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What is the purpose/use case for Accounting Classification of Exempt?

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Summary:

Unclear what the Accounting Classification of Exempt is used for?

Content (required):

When creating a Lease, there are three classifications;

  1. Finance
  2. Operating
  3. Exempt

What is the use case for the Exempt option and does it have any accounting implications?

User guide does not cover this topic.

Version (include the version you are using, if applicable):

22B

Code Snippet (add any code snippets that support your topic, if applicable):

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