Changing the lease type from Finance to Operating
Summary:
Can you update the lease type of existing lease from Finance to Operating Lease?
Content (please ensure you mask any confidential information):
In our business process, Accounting dept. decides the type of the lease after it's creation and I want to make sure if in Fusion we will be able to do that. It could initially be created as operating lease and then accounting department can decide to change it to finance lease, or it could be created as finance lease and then accounting can decide to change it to operating lease. Please confirm if that's possible in fusion lease accounting.
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