Overview of Lease Landing Page: Lease Display Section

After you complete the all the required setups, you can start creating leases and their assets, payments, options, rights, obligations, and milestones.

You can reach the lease landing page from the Navigator by clicking Lease Accounting and then Leases.

The Lease Landing page is divided into the following three sections:

  • Lease Display

  • Side Panel

  • Search Leases

In the lease display section, you can view the lease information based on the search. You can use the Action menu or the toolbar to take further action on the leases.

You can use the following actions:

  • New: You can open a new lease using this action item.

  • Edit: You can edit an existing lease using this action item. You can edit only the leases that are in Draft status.

  • Export to Excel: You can export the search results of leases to a spreadsheet.

  • Amend Lease: You can create an amendment on a lease.

  • Resume Changes: You can resume working on a saved amendment.

  • View Changes: You can view the changes you have made on a saved amendment.

  • Manage Options: You can cancel or exercise the options on a lease or an asset.

  • Terminate Leases: You can end a lease before its tenure.

  • Impair Lease: You can impair a lease and update the accounting transactions.

  • Cancel Lease: You can cancel a lease which has not been finalized or booked.

View Active Leases

You can't update active leases. You can view an active lease in a read-only mode by either clicking the lease number for the search results or selecting View from Actions in the lease search.