NetLease - Lease Balance G/L Roll Forward Report
Purpose
The lease balance G/L roll forward report is used to summarize the beginning and ending lease balance accounts (ROU assets, accumulated amortization, and lease liability) for each lease type and the roll forward activities associated with those accounts (additions, terminations, and other activities).
How To
Navigation:
NetLease > Reports (All or GL & Recon) > Lease Balance G/L Roll Forward Report > Run
Filtering:
The report search can be narrowed down by adjusting the filters for subsidiary, currency, department, class, location, accounting period, or date. Once desired filters are set, click preview to view the reconciliation.
Results
Upon running the report the user will see the beginning balance of each lease balance account and the related roll forward activities for the period by lease type. The lease types can be expanded to drill down to the individual lease and underlying transactions. Select the export button to download report into Excel.
Troubleshooting
Unable to reconcile the "Other Activities" column?
1. The "Other Activities" column within the report represent the modifications that have been made to the lease.