NetLease 2020.4

NETLEASE VERSION 2020.4 KEY UPDATES

  • Multi-Book Support for Short Term, Low Value, and ASC 840 Posting
    • Secondary book posting can now be set to post Short Term, Low Value, and ASC 840 entries
  • Automated Custom Segment Posting
    • Segments can now be added to the lease record and setup to automate posting to any journals generated by the lease
  • Negative Lease Payment
    • Leases can be setup with negative payment amounts to facilitate intercompany eliminations
  • Custom Reclass Types
    • New reclass types can be created to perform user defined reclass entries

WHAT DO YOU NEED TO DO?

  • Your NetSuite Administrator should update your NetLease bundle (Customization > SuiteBundler > Search & Install Bundles > List)
  • Reach out with questions on any of the new features
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