Non-lease components are payments that must be identified
separately from lease payments. Non-lease components are not lease payments and are not
included when calculating lease obligations.
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Select Leases.
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Open a lease record.
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On the Non Lease
Component tab, click Create.
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Specify this information:
- Non Lease Component
- If your lease costs include non-lease components, then select
the non-lease components to attach to the lease. You can override
the default company, account, activity, and account category values
for each code. If there are no default company or account values,
then you must provide these fields.
- Description
- Provide a description.
- Non Lease Component Account
- Specify the account information on the non-lease component
account.
- Allocation Code
- Select an allocation code for the non-lease component
account.
- Variable Cost
- Select whether the non-lease component is a variable cost.
These costs are an estimate. The actual payment is unknown at the
start of the lease.
- Combine With Lease Payment
- Select whether the non-lease component will be combined
with the lease payment.
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Click Save.