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Finance | Project Operations, Human Resources, ...
Answered

How to Close/discontinue a Lease contract in D365?

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Posted on by 10

Hi,

I have few lease contract which are discontinued from this month. However, the lease term for these contracts are still remaining. I want to terminate them early in Dynamics 365 F&O. How can I do this in the Asset Leasing module. I want Asset Leasing module to reverse the remaining ROU and Lease Liability and recognize the net difference in P&L. How should I do this? 

Thanks

Yasir

I have the same question (0)
  • Suggested answer
    Michal Krejza Profile Picture
    Microsoft Employee on at

    Hi Yasir,

    This is a brand new feature. Have you checked all resources on docs.microsoft.com/.../asset-leasing-homepage ?

    Please let me know.

  • Yasir Rahim Profile Picture
    10 on at

    Yes I have read it all. I couldn't find anything related to closing the Lease books.

  • Verified answer
    Michal Krejza Profile Picture
    Microsoft Employee on at

    Hi Yasir,

    I have checked with Fixed Asset team. We have just released a feature that helps to terminate a lease using new early termination functionality. It is available in 10.0.17 version, we are working on getting the documentation published out on the docs site under the Asset leasing page.

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  • Yasir Rahim Profile Picture
    10 on at

    Thanks you Michal, looking forward for the version update 10.0.17 and the related documentation.

    Thanks alot.

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