NetLease - Variable Lease Terms
Purpose
This search provides a detail listing of variable lease term details, which include variable rates and non-lease payments, which can be a required footnote disclosure item. Lease variable rate details are added to a lease record within the accounting subtab under the Disclosure Information field group.
See the Assign Accounting Information to the Lease Record article for more information.
How To
Navigation:
NetLease > Reports > Disclosure Reports > Variable Lease Term > Run
Filtering:
The search can be narrowed down by adjusting the filters for commencement date, lease classification, subsidiary, and/or lease type. The report will automatically update as filtering options are selected.
Recommended
Filter by specific lease or by "All" to see a full list of leases with variable terms.
Results
Upon running the schedule, the user will see variable non-lease payments, variable rate index, and original NPV per lease classification from the NetLease template. Click on the lease classification to see the leases that are included within the line item.
See the Assign Accounting Information to the Lease Record article for more information.