E1: 15: Lessee Accounting -Recurring Billing with Payment In Arrears - Does Not Generate Amortization Of ROU Liability GL Entry
(Doc ID 2523796.1)
Last updated on OCTOBER 05, 2022
Applies to:JD Edwards EnterpriseOne Real Estate Management - Version 9.1 and later
Information in this document applies to any platform.
When running Recurring Billing (R15100) for finance lease with Recurring Billing (P1502) setup as Bill Code=Accrual and Payment Method=Advance, the Billing Edit Register (R15300) is validating the L0 AAI (Prepaid AAI for lease accounting) but the Post (R15199 and R09801) is using the RMxxx AAI to apply amounts against.
This only creates entry for ROU liability interest and ROU Asset Depreciation. There are no entries for Amortization Liability.
When the RB line is not accrual with the same lease setup, the Billing edit register and post are applied to the L0 AAI account.
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