Is there a functionality in Fusion Lease Accounting to normalize lease revenue recognition?
Summary:
For revenue leases, our client requires the recognition of revenue to be normalized (fixed, straight-line recognition regardless of rental rate)
Content (please ensure you mask any confidential information):
The requirement is to recognize lease revenue on a straight-line basis.
For example:
Rental fee for Jan - Jun: 1,000 THB
Rental fee for Jul - Dec: 1,200 THB
The revenue recognized for each month should be normalized to 1,100 THB per month, for instance.
Version (include the version you are using, if applicable):
Code Snippet (add any code snippets that support your topic, if applicable):
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