NetLease - Full Amortization Schedule - IFRS

Purpose 

The full amortization schedule for IFRS provides a detail listing of lease amortization schedules for IFRS (finance only) leases and associated key activity details for the selected date range. 

How To

Navigation:

NetLease > Reports (All or Subledger) > Full Amortization Schedule - IFRS > Run

Filtering:

The report search can be narrowed down by adjusting the filters for period, dates, subsidiary, lease type, lease ID, lease name, and status. The report will automatically update as filtering options are selected.

Results

Upon running the schedule the user will see a single line amortization schedule by lease for the selected period, subsidiary, lease type, and/or status. Each lease line item will include general information about the lease (ID, period number, vendor, etc.) and amortization schedule information (Payment, allocated to interest, amortization amount, etc.).


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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