Hi All, We have leases which are sure to get extended and we are planning to use options functionali
Hi All,
We have leases which are sure to get extended and we are planning to use options functionality with ROU and Lease liability. Hence, System will Create ROU and LL for options too.
Ex:- Original Lease: 01-Jan-2019 to 31-dEC -2022 and in Options, Renewal with Option Start Date 01-Jan-2023 to 31-Dec-2025.
But My Question is when actually lease extend and Payment line is added to generate schedule via amendment, will it not double ROU and Lease Liability.
Regards,
MS