Edit L25

Editing the inputs re-runs every calculation. The base payment schedule can be changed period by period; modification events are managed separately.

Identification

Lease number

Entity

Asset class

Lessor

Asset category

Asset description

Asset ID

Serial / VIN

Term & discount rate

Commencement date

Rent commencement (first payment period)

Lease end (defaults to last period)

Payment timing

Payment frequency

Discount rate (blank = keep current)

Short-term lease — elect the recognition exemption (ASC 842-20-25-2)

AP/cash payment posts to lease expense— when checked, the monthly entry reverses the payment off expense before recognizing the period's amortization

Measurement adjustments

Initial direct costs and prepayments increase the ROU asset; an incentive received reduces it (enter the incentive as a negative amount).

Initial direct costs

Prepayment

Lease incentive (negative)

Acumatica project coding

Required only for leases whose asset class uses the liability-first AP posting pattern (typically real-property). Leave at the defaults (X / 00.00.000.0000) for non-project leases.

Project / Contract

Project Task

Cost Code

Project Tran. ID

Classification — ASC 842-10-25-2

Answer the judgement criteria (a, b, e). Criteria (c) and (d) are computed from useful life and fair value.

Useful life of the asset (months)

Fair value of the asset

(a) Ownership transfers by end of term

(b) Purchase option reasonably certain

(e) Specialized asset, no alternative use

Payment schedule

Generate a level or escalating schedule, then edit any period — payments may be irregular, stepped, or zero.

Periods

Base amount

Pay every N months

Escalation %

Escalate every (mo)

#	Due date	Payment amount
1	2020-01-31
2	2020-02-29
3	2020-03-31
4	2020-04-30
5	2020-05-31
6	2020-06-30
7	2020-07-31
8	2020-08-31
9	2020-09-30
10	2020-10-31
11	2020-11-30
12	2020-12-31
13	2021-01-31
14	2021-02-28
15	2021-03-31
16	2021-04-30
17	2021-05-31
18	2021-06-30
19	2021-07-31
20	2021-08-31
21	2021-09-30
22	2021-10-31
23	2021-11-30
24	2021-12-31
25	2022-01-31
26	2022-02-28
27	2022-03-31
28	2022-04-30
29	2022-05-31
30	2022-06-30
31	2022-07-31
32	2022-08-31
33	2022-09-30
34	2022-10-31
35	2022-11-30
36	2022-12-31
37	2023-01-31
38	2023-02-28
39	2023-03-31
40	2023-04-30
41	2023-05-31
42	2023-06-30
43	2023-07-31
44	2023-08-31
45	2023-09-30
46	2023-10-31
47	2023-11-30
48	2023-12-31
49	2024-01-31
50	2024-02-29
51	2024-03-31
52	2024-04-30
53	2024-05-31
54	2024-06-30
55	2024-07-31
56	2024-08-31
57	2024-09-30
58	2024-10-31
59	2024-11-30
60	2024-12-31
60 periods · total $10,120.80

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