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Asset Lifecycle Management - PSFT (MOSC)

Lease Interest Accounting Entry

Sep 15, 2023 3:58PM in Asset Lifecycle Management - PSFT (MOSC) 1 commentAnswered

I have confusion as how Interest is booked for Lease, in below example it has LC as credit for Interest

I just created a normal Lease asset for 3 months term

Whereas in below screenshot Lease interest is combined with Lease payment is entry

Tagged:

Lease Administration

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