NetLease Subledger Period End Balances
Overview
The NetLease Subledger Period End Balances report is used to review the period-end subledger lease balances by lease. These balances should be compared to the lease liability and ROU transaction summary reports (Not supported in NetLeaseGo) to validate the expected balances per the NetLease subledger agree to the GL.
Process Steps
Step 1:
- Navigate to NetLease > Reports (All or Subledger) > NetLease Subledger Period End Balances
- Select Run
Step 2:
- The report search can be narrowed down by adjusting the filters for period, dates, subsidiary, lease ID, and status and the report will automatically update as filtering options are selected
- The filter button is found at top of screenshot above and filter fields for this report are found in the screenshot below
Required Filter for a single month to show period end lease balances. Time periods longer than a single month will result in multiple lines for each lease, which will not be reflective of period end balances. |
Step 3:
Upon running the report the user will see the ROU and lease liability balances by lease for the selected period. Each lease is labeled by its lease classification (operating or financing). Select the EXPORT button to download the report into Excel.
NOTE: This report shows amounts in the contract currency and not in the consolidated company currency.
Troubleshooting
NOTE: If desired leases do not appear in the report, check the selected filters to ensure leases are not being restricted from view.