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short term reclassification calculation

edited Nov 26, 2024 2:26PM in Lease Accounting 1 comment

Summary:

need to know calculation for Reclassified Short Term Liability. user expected the last 12 months, it seems it is the 11


Content (please ensure you mask any confidential information):

Lease with schedule frequency = quaterly , arrears flag =yes

the Reclassiified Short Term Liability = 9041217.63 :

see that 9041217.63 is the total amount of the last 11 periods, CAPITAL= column D (payment amount) column - F (interest expense)

instead of the 12 periods, just wondering if that is the expected due to the arrears flag ?

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

version 24C


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

Tagged:

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