Reviewing lease assumptions
You can review the likely term and assumptions for an individual lease or for multiple leases. These leases can include real estate (RE) leases and asset leases.
- Overview of assumptions review process
The review assumptions process can review the likely term and assumptions of a lease on a regularly scheduled basis, and on an as-needed or as-requested basis. Whether the review is regularly scheduled or unscheduled, the Lease Accounting Manager can review the likely terms and assumptions for an individual lease or multiple leases. - Reviewing an individual real estate lease record
You can review and revise the likely term and assumptions for an individual real estate (RE) lease. After the submitted review is approved, the application applies the changes to the lease record. In addition, the lease record stores the assumption audit log in its Accounting tab. - Reviewing multiple real estate lease records
You can review and revise the likely terms and assumptions for multiple real estate (RE) leases at the same time. After the submitted review is approved, the application applies the changes to each lease record. In addition, each lease record stores the assumption audit log in its Accounting tab. - Reviewing an individual asset lease record
You can review and revise the likely term and assumptions for an individual asset lease. After the submitted review is approved, the application applies the changes to the lease record. In addition, the lease record stores the assumption audit log in its Accounting tab. - Reviewing multiple asset lease records
You can review and revise the likely terms and assumptions for multiple asset leases at the same time. After the submitted review is approved, the application applies the changes to each lease record. In addition, each lease record stores the assumption audit log in its Accounting tab.
Parent topic: Managing leased and owned property contracts
Related concepts: