NetLease 2021.1

NETLEASE VERSION 2021.1 KEY UPDATES

• Reporting Refresh
  • All Netgain prepared reports are now available from the main menu (NetLease > Reports > All Reports)
  • Ability to mark preferred reports as "Favorites" for easy access
  • New disclosure reports
    • Components of lease costs and impairments
    • Supplemental balance sheet information
    • Cash flow information
  • Scripted reporting enhancements
    • Multi-select filtering
    • Display currency symbol toggle
    • Summary exports
• Sublease Operating Lease Classification
• Split out of Gross and Accumulated ROU Asset Balance on schedules
• Mass Modifications
• Improved user interface for increased visibility prior to booking reclass journals
• Improved user interface for entering custom sourcing and custom filters

WHAT DO YOU NEED TO DO?

• Your NetSuite Administrator should update your NetLease bundle (Customization > SuiteBundler > Search and Install Bundles > List)

  • Make sure the "NetLease Saved Report" record has a "Preference" of "Merge Data" (may read as "NetLease Report" if bundle has already been updated) View full size

• Update the preferred lease form to hide new unused fields and sublists

  • Most likely the "ROU Asset Accumulated Balance At Commencement Date" field and the "Sublease Operating" sublist

• Reach out with questions on any of the new features