Accruing lease payments

  1. Select Leases.
  2. Open a lease record.
  3. On the Payment tab, select values for the Deferred Rent Account and Accrued Account fields.
  4. Click Payment Schedule.
  5. On the Payment Detail tab, select a value in the Lease Compute field to hold the value of the portion to be accrued beyond the fixed payment amount.
    If the Payment Amount field is zero, then the entire Lease Compute is accrued.
  6. Click Compute Parameters and specify this information:
    Period
    Specify the current accounting period.
    Year
    Specify the fiscal year for the stored data.
  7. In the Advanced Settings section, select Accrue Payment.
  8. Click OK.