Automatically Generate Lease Schedules and Lease Detail Reports for Equipment Leases

Automatically Generate Lease Schedules and Lease Detail Reports for Equipment Leases extends versioning, workflow, schedule, amendment, reporting, attachment, or asset-numbering capabilities to equipment leases.

This release extends versioning, review, approval, schedule generation, and report capabilities to equipment leases. Equipment lease versioning begins from the first amendment performed on an active equipment lease.

Steps to enable and configure

1. Apply the Property Manager update that delivers Equipment Lease: Automatic Generation and Display of Schedules and Lease Detail Report.
2. Confirm the related report template, concurrent program, and responsibility access are available to lease accounting users.
3. Run the report for amended and non-amended leases and compare output to schedules and accounting balances.
4. Review report layout with accounting stakeholders so amendment, original, final, and versioned information is interpreted consistently.

Tips and considerations

• Review report output with accounting users so amendment and version fields are understood before close activities.
• Test equipment lease behavior separately from property lease behavior, especially for amendments and versioning.
• Capture setup, lease transaction, schedule, accounting, and report views for rollout training where applicable.