Accruing lease payments
- Select Leases.
- Open a lease record.
- On the Payment tab, select values for the Deferred Rent Account and Accrued Account fields.
- Click Payment Schedule.
-
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.
-
Click Compute Parameters and
specify this information:
- Period
- Specify the current accounting period.
- Year
- Specify the fiscal year for the stored data.
- In the Advanced Settings section, select Accrue Payment.
- Click OK.