How to add multiple payment accounts to a lease
Hi there,
I am defining a capital lease in FA and plan to export to AP to create invoices. This is a capital lease and the accounting for it is to
Dr. Lease Obligation
Dr. Interest Expense
Cr. Account Payable
However, there is only one field available on the Lease screen for payment account. Is it possible to enter multiple debit accounts for a lease?
And I would also like to know what is the best practice of adding capital lease into corporate asset book. Seems there is no direct link between a lease and asset addition, not like AP invoices, which can be created as assets by MassAddition. Do I need to manually create an asset from the Asset Workbench? And is it advisable to have a separate category for capital lease?
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