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Migrated Leases - guidance on how to account for differences in Opening Lease Liability amount

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Summary:

Migrated Leases - guidance on how to account for differences in Opening Lease Liability

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Currently my customer accounts for leases offline in a spreadsheet. They are migrating their Leases to the Lease Accounting functionality in Oracle. We are experiences differences in the Lease Liability calculations as a result of the migration, due to rounding and differences in calculation methods. I expect this would be typical when migrating leases.

What is the guidance around accounting for the differences in Opening Lease Liability?

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

23D

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