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Formula for Amortized Liability Balance Method for Lease Liability Reclassification (24C feature)

edited Sep 26, 2024 9:27AM in Lease Accounting 1 comment

Summary:

24C Feature - Amortized Liability Balance Method for Lease Liability Reclassification

Content (please ensure you mask any confidential information):

Please provide the formula for this calculation method, so customers looking to opt in to this feature can validate that it will meet their needs. In the past, for the PV calculation method, we have been provided a spreadsheet to simulate the ST-LT split. Is there something along these lines we can share with the customer to support their switch to the new calculation method?

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

24C

Code Snippet (add any code snippets that support your topic, if applicable):

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