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Mid Life Asset Lease Accounting
Hi There
Going through the fixed asset module guide, I cannot find how to set up a mid life lease accounting asset.
In this case, the asset in question is an operating lease.
Its parameters are as follows
The lease payments are revised every July.
I am migrating this from the legacy system to Netsuite as at 31 March 2021.
What are the steps involved in setting this asset up in Netsuite?
I have watched the learning pass video on this topic, though it skips over mid life asset leases.
thanks