Follow-up, Lease Accounting
The Follow-up and Analysis includes queries that
can be used on lease accounting. The queries can be used for both balance
information and information on transactions. The information retrieved in
queries cannot be changed.
This involves the use of the following queries:
- Lease Interest is used to obtain the interest
expense for Leasing Type Finance
- Lease Expense is used to obtain the accrued
interest expense and Periodical Right of Use Asset Amortization for Leasing
Type Operating.
- Lease Creditor Balance is used to obtain the lease
liability balance for lease contract/s.
- Right of Use Asset is used to obtain the net
book value of the Right of Use Asset for Leasing Type Operating.
The net book value is the balance of the Right of Use Asset minus Right of
Use Asset Amortization. The net book value of the Right of Use Asset for
Leasing Type Finance can be obtained from
Object Balance Analysis window.
- Lease Amortization is used to obtain the
amortization balance of the right of use asset for Leasing Type
Operating.
- Termination Gain/Loss is used to obtain the
termination gain or loss for lease contract.
- Currency Gain/Loss is used to obtain the total
realized currency gains or losses pertaining to the lease liability by the
termination date.