Lease Amortization Waterfall Report (Financing)

Overview

  • The lease amortization waterfall report provides the future amortization expense amounts for finance leases by lease type in the selected period. 
  • Please NOTE:  The NetLeaseGo Free version does not have access to this report.

Process Steps

Step 1:

  • Navigate to NetLease > Reports (All or Subledger) > Lease Amortization Waterfall Report (Financing) 


Step 2:

  • Select the Lease Amortization Waterfall Report (Financing) Run button

Step 3:

  • Select the Show Filters button to narrow down information by adjusting the filters for subsidiary, department, currency, department, class, location, accounting period, date and other items. 



Recommended

Select a date range of 1 year to see projected lease expense for the year



Step 4:

  • Once desired filters are set, click Preview button to view the reconciliation. 

Results

  • Upon running the schedule, the user will see a summarized detail of finance leases and associated future single amortization expense amounts by lease type for the selected period. 
  • The schedule can drill-down to individual leases and the underlying future expense detail. Users use this as a forward-looking report.
  • Select the Export button to download report into Excel. 


Troubleshooting

Is the report missing leases?

1. If desired leases do not appear in the report, check the selected filters to ensure leases are not being restricted from view.

2. Verify leases status has been updated from pending to commenced or further.


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