How to Make Normalization Based On Billing/Payment Term Start Date Rather Than Lease Commencement Date
Last updated on NOVEMBER 13, 2017
Applies to:Oracle Property Manager - Version 12.1.3 and later
Information in this document applies to any platform.
According to FASB-13 standards, normalization is the average rent payments/billings over the term of the lease. However, normalization can be calculated in the period of the payment/billing term when using the Amend lease functionality.
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