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What is the purpose of the Reserve Account in Lease Accounting?

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in Lease Accounting 7 comments

Summary:

In the expense lease payment templates a Reserve Account can be used.

This reserve account is used in the Account combination rule 'Lease Reserve Account'.

In the sub-ledger Journal entry rule set 'Lease Revision', this account rule is used for 'Lease Revision Right of Use Reserve' and 'Lease Revision Liability Reserve'.

In the sub-ledger Journal entry rule set 'Lease Termination', this account rule is used for 'Lease Termination Reserve'.


What is the purpose of this Reserve Account and in what circumstances would this account be expected to be used?

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