REM/Balance Sheet Lease Accounting Lease Termination Steps
Hello,
We are attempting to terminate a BSLA lease early. This is a financial lease ending two + years early. We followed the steps on the REM side to term the lease (changed lease status to "T" and changed Lease end date). When we follow the BSLA steps to Terminate the lease we are not getting the system to recognize the 2 when we remeasure, it only says 1. Where on the Lease Master or Recurring Billing Master do we need to terminate so the Termination schedules will calculate correctly? Step by step instructions starting from REM through BSLA