Additional considerations
-
You cannot delete an allocation code that is attached to a released lease.
-
When you apply an allocation code to a lease, it is applied to all payments on that lease.
-
When an allocation code is modified, an audit record is created.
-
When you assign an allocation code to a lease, you can assign an allocation to either a debt or expense account, or an income account. You cannot assign an allocation code to both.
-
You can assign a debt or expense allocation code only to an operating lease.
-
You can assign an interest allocation code only to a financial lease.
-