Fixed Assets - EBS (MOSC)

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Lease Assets

edited Mar 1, 2016 1:11PM in Fixed Assets - EBS (MOSC) 6 commentsAnswered

Hi All,

Our company acquired a company which has few leased assets (most are capital leases which only have about 2/3 years remaining on the lease)

I am setting up a new corp book to bring in the new assets including the leased assets.

I will be setting up a new category as -

Category Type = Lease

Ownership = Owned

However, since they dont have much life left I am not planning to add any lease details for the assets

Please advice if this is appropriate

Thanks

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