How to Account for Partial Lease Terminations

How to Account for Partial Lease Terminations

Is it a termination? How to account for a termination Reassessing classification Remeasuring the lease liability Remeasuring the right-of-use asset Partial termination accounting with example Approach 1: Proportionate change in the lease liability Approach 2:...
NetSuite Lease Accounting: What You Need to Know

NetSuite Lease Accounting: What You Need to Know

Are you considering doing your lease accounting in NetSuite? As part of Oracle’s product lineup, NetSuite is one of the most well-known accounting software solutions on the market. Its popularity is due to its wide range of accounting functionalities and customer...