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Recommended Accounting for Terminations and Option Management for Revenue Operating Property Leases

edited Jul 27, 2023 12:44PM in Financial Management Resource Center 2 comments

Summary:

Lease Accounting enabled management of Revenue Operating Property Leases in 23.C

Users can activate, accrue, bill and account for Revenue Leases which are Operating and Property Leases as initial cut

Content (required):

As part of the enhancement to this functionality, the attached excel workbook contains recommended accounting for a) Terminations b) Option Cancellations and c) Option Exercise for Revenue Operating Property Leases

Request your review comments around this recommended accounting


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