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How do I accomplish a FAM Lease abandonment?

edited Jun 2, 2025 2:26PM in Accounting / ERP 3 comments

Does anyone know how to abandon a lease once we have begun Lease Accounting?

I have tried a couple things, refreshing Sandbox each time but I am not successful addressing/reversing the lease accounting full effect. I want to reverse all the related accounting entries & since the prior periods are closed, I expect any adjustment to in the current period.

Would someone be able to advise?

Thanks

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