You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Lease Accounting solution when invoices which are sent in by the Lessor?

Accepted answer
12
Views
2
Comments

Summary:

Payables integration = No

Content (required):

In a scenario where the lessor directly invoices the lessee, what are the steps to ensure the accounting entries reconcile?

Should AP Invoices be coded to a specific account i.e. Lease Clearing/Payables Clearing? Is this then offset by the Lease Accounting SLA?

Are there any recommendations/implementation experience where this was achieved?

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

22B

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

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!