Initial Assessment of Asset Management

In this section you can review existing Asset Management leases and update certain information on your property leases. Only AM leases are impacted. Other tasks in the guide, particularly those in the transition section will apply to both AM leases and leases originating in LA (LA leases).

Review Report Identifying AM Leases to Migrate

Use this page to review a summarized count and detailed asset-by-asset listing of AM leases to migrate to LA. This report is applicable only for AM leases. ‘Partially Migrated AM Leases’ are included in this report and represent a subset of AM leases. A 'Partially Migrated' lease is an AM lease that has some of its data already stored in the LA data structure. Customers that own LA that have AM leases have had the ability to start entering data into the LA date structure since Update Image 10. From a technical perspective, the migration of these leases is slightly different since some of their lease data is already in the LA data structure.

This example illustrates the fields and controls on the Review report identifying AM leases to migrate page.

Review Report Identifying AM Leases to Migrate page

Update Square Footage and Other Property Data for Property Leases

Use this page to update AM property leases for square footage and other property related attributes required in LA.

The attributes include Total Area, Unit of Measure, Usable Area, Rentable Area and Occupancy Date. These fields were not available to AM customers, but are required in LA. This page should be used to update property related attributes before migrating the lease. Failure to do so will not prevent you from migrating the lease. However, if the information is not populated, users will receive errors after data migration when processing a lease amendment in LA.

This example illustrates the fields and controls on the Update Square Footage and Other Property Data for Property Leases page.

Update Square Footage and Other Property Data Property Leases page