Doe SubLease info go to AR?
Hello
Just wanted to confirm something:
Expense Lease sends payments Items to AP and
Revenue Lease sends Billing Items to AR.
The Sublease; since it is a Billing Event, I know should go to AR?
My Confusion is that the Master Lease is an Expense Lease and will go to AP and after create Accounting will have the Compliance Accounting.
In this case we are the tenants and making payments.
Incase of Subleasing we are the landlords and collecting rent from the Customers/ subtenant.
so are these independent stream lines or is there a reconciliation aspect to this process.
Could you please enlighten me how the process works from Sublease Class point of view?