E1: 15: Enhancement Request in Balance Sheet Lessee Accounting to Make Good Provisions for Property Leases
(Doc ID 2957562.1)
Last updated on JUNE 26, 2023
Applies to:
JD Edwards EnterpriseOne Real Estate Management - Version 9.2 and laterInformation in this document applies to any platform.
Symptoms
Restoration costs/Make good provisions are handled as initial direct cost as per the current Lease Accounting Model, however there is a glaring difference in terms how its handled during the life of the lease.
For example if the make good provision is 10000 at the beginning of the lease and later its assessed to be 20000 we should be able to include it in ROUA and remeasure the lease.
Its a key component of all property leases, so its imperative to have process to adjust restoration costs during the life of the lease.
Cause
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In this Document
| Symptoms |
| Cause |
| Solution |
| References |