Lease Accounting CU68

This section contains enhancements in Infor CloudSuite Financials for 11.0.68.0.

Switching assets to non-depreciable for deactivated leases

The integration from CSF to LeaseQuery requires that leases are deactivated in Lease Accounting after the leases are migrated to LeaseQuery. The lease deactivation process stops the operating and finance leases from invoicing and updating the Asset Category to Non-Depreciable. This is applies to leases with the LeaseClassification of Finance.

Program/Business class/Process affected:

  • Lease Business Class

Use these steps to test the enhancement:

  1. Sign in as Lease Specialist. Test the capability of updating an operating and finance lease status to Deactivate.
  2. After deactivating the lease, verify that the asset category was updated to Non-Depreciable for finance leases.
  3. The lease must be in a Released status. The lease must not have any outstanding scheduled lease payments.

JT-1404750