FLA: Create Accounting Created Journals in the Next Period After the Termination of the Lease (Doc ID 2824492.1)

Last updated on DECEMBER 12, 2021

Applies to:

Goal

The Create Accounting created journals in the next period after the termination of the Lease.
For example:
Lease End Date = 31 Jan 2021
Amortization Start Date = 31 Jan 2021
Amortization End Date = 31 Jan 2021
Amendment Commencement Date = 31 Jan 2021
Type of Amendment = Termination

But there are journals in the "Create Accounting Execution Report" with the Accounting Date 28 Feb 2021
* first journal
Event Type Lease Payment Approval
Transaction Type: Payment Approval
Dr Liability= 100
Cr Clearing= 100
* second journal
Event Type Lease Payment Approval
Transaction Type: Payment Approval
Dr Clearing= 100
Cr Liability= 100

The Create Accounting has created similar journals for
Event Type Lease Expense
Transaction Type: Expense

How to properly terminate a lease so that no journals are created in subsequent periods?
 

Solution

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