Lease accounting

Guide to leased assets and hire purchases
How to add a leased asset from scratch:  To add a new leased asset, navigate to the Add Assets section in the left-hand menu (1). Next, select the HP/Le...
Mon, 27 Feb, 2023 at 1:39 PM
Set up lease general ledger accounts
To set up lease G/L accounts from the assets grid: Select the pencil icon next to the asset group name, Select Edit next to General Ledger A...
Mon, 27 Feb, 2023 at 1:39 PM
Creating and posting lease journals
Posting Lease Journals follows the same process as posting Depreciation Journals. Open the Journals section on the left-hand menu (1), and press "+ ...
Mon, 27 Feb, 2023 at 1:40 PM
Hire purchase and lease reporting
From the Assets grid select the 'Reports function in the top right corner. Here the choices of Hire Purchase or Lease reporting are: HP/ Le...
Mon, 27 Feb, 2023 at 1:40 PM