Adding lease adjustments
- Open a lease and select the Lease Adjustments tab.
- Open a lease to adjust to.
- Click Release Adjustment
- Specify this information:
- Description
- Specify the description of the adjustment.
- Adjustment Date
- Specify the start date of the lease adjustment.
- Adjustment Amount
- Specify the amount of the adjustment.
- Reason Code
- Specify the reason code of the lease adjustment. Note: This can be set up in Application Administrator > Administration > Lease Adjustment Reason Code.
- Add New Initial Direct Cost
- Select this check box to add a new initial direct cost to the lease.
- Initial Direct Cost
- Specify the initial direct cost.
- Vendor
- Select which vendor should receive the initial direct cost.
- Amount
- Specify the amount of the new initial direct cost.
- Click Submit.