Reviewing and Deleting Lease Amortization Schedules

1. From the Balance Sheet Lessee Accounting menu (G15201), select Amortization Schedules.

2. On the Work With Amortization Schedules form, search for and select the lease and asset for which you want to review or delete schedules.

3. To delete the amortization schedules, select a row and then click Delete. Note that the Delete button appears only if schedules exist for the selected row, and the Lease Liability Status is less than 40.

4. To review the lease liability amortization schedule, select a row and then click Select. The system brings you to the Lease Liability Amortization Schedule form.

5. To review the ROU asset schedule, complete one of these steps:

   • From the Work With Amortization Schedules form, select Amortization Sched from the Row menu, and then select Right of Use Asset.

   • From the Lease Liability Amortization Schedule form, select Right of Use Asset from the Amortization Schedule Type field in the header.

6. Review the schedules and then update the Lease Liability Status for the associated assets to 30 (Schedule Review Complete) before creating lease commencement journal entries.