Entering Lease Term Changes in Recurring Billing

To enter lease term changes in recurring billing:

  1. From the Recurring Billing menu (G1521), select Recurring Billing Information.

  2. On the Recurring Billing Revisions form, search for and select the record you want to update, and then select Change Lease Terms from the Row menu.

    This option is available only if amortization schedules exist and the Effect on Lease Liability is set to Yes for the selected line.

  3. On the Change Lease Terms form, complete these fields, as needed, and then click OK:

    • Early Termination

    • Term Change As of Date

    • Gross Amount

    • Term Change End Date

    • Effect on Lease Liability

  4. On the Recurring Billing Revisions form, make any additional updates to the records in the detail area, and then click OK. Note that your changes are not saved until you click OK on this form.