Requirement around Discount rate being flexible in the system.
Summary:
Requirement 1:
We need the ability to provide a Discount rate at a specific Asset/Payment level. Is this allowed?
Currently the Discount Rate is available only at the Lease Header level.
Business Use Case:
Our client- would like the ability to have an option to manually type in the discount rate.
They have Leases for each floor and each asset/floor could have a different discount rate which is negotiated.
Setting up a new discount rate for each Lease is in-efficient.
Requirement 2: Ability to designate different discount rate for same lease under US GAAP & IFRS due to a modification and accounting handling between methods are different.
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