Lease Modifications

Overview 

The lease modifications report provides a detail listing of leases modified during the selected period range.

Process Steps

Step 1:

  • Navigate to NetLease > Reports (All or Management) > Lease Modifications
  • Select Run button


Step 2:

  • The report search can be narrowed down by adjusting the filters for subsidiary, status, lease type, lease ID, lease name, period, and date
  • The report will automatically update as filtering options are selected



Recommended
Filter by period or date to obtain modified leases in desired period range.


Results

  • Upon running the report, the user will see all modified leases in the selected period range by modification
  • Each modification line item will include general information about the lease (ID, lease type, and subsidiary) and modification related information (modification type, scope decrease, ROU impairment amount, and old/new lease end date)
  • The user also has the ability to view the corresponding NetLease modification entry by clicking the journal entry link.

Troubleshooting

Is the report missing leases?

If desired leases do not appear in the report, check the selected filters to ensure leases are not being restricted from view.


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