Returning a lease to a contract administrator

While a lease accountant is reviewing the accounting information, if some information that is entered by the contract administrator is incorrect, the lease accountant can return the lease to the contract administrator. The lease can be returned when the status of a lease is either Draft Accounting In Review or Revision Accounting In Review.

Procedure

  1. On the lease, click More and then click Return.
  2. On the Accounting Review Log pop-up form, go to the Details section and enter the changes that are needed under Comment.
  3. Click Create.
    The lease is closed and a notification is sent to the contract administrator that the lease is returned for corrections.

Results

If the status of the lease was Draft Accounting In Review, it is now changed to Draft Returned. If the status of the lease was Revision Accounting In Review, it is now changed to Revision In Progress Returned.