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Finance | Project Operations, Human Resources, ...
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Rent free periods in lease accounting

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Posted on by 1,419

Hi, 

How do you account for rent free periods within your finance leases? Same way at the beggining than in the middle

I have been testing adding lines with zero payment in the payment schedule lines but this creates problems with the amounts that are then reclassified as short term and also leaves the liability amortization schedule one month behindin case of combined rent free and payments in the middel of the month. 

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  • WillWU Profile Picture
    22,363 on at

    Please wait for the help from Functional Consultants.

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