NetLessor - Data Validation

Overview

After the lease information has been entered into the NetLessor system, the next step in the implementation process is to review and validate the lease information. The following are recommended pages in NetLessor that can be used to validate the data upload. 

Lease List Validation

Navigation: NetLessor > Lease Management > Lease List 

This list shows all leases present in the system and can be exported from this page as a CSV, Excel, or PDF file to assist with validation. If fields are desired that are not present in the Default View, these can be added by selecting the Customize View button and selecting them on the Results tab. This list can be useful to validate the following:

  • Number of leases
  • Lease Classification
  • Lease Types
  • Primary Information 
  • Segmentation Data 

Schedule Line Validation

Navigation: NetLessor > Lease Management > Schedule Line List

This list shows all schedule lines for all leases and can be exported from this page as a CSV, Excel, or PDF file to assist with validation. If fields are desired that are not present in the Default View, these can be added by selecting the Customize View button and selecting them on the Results tab. Once exported, this list can be filtered to show all periods for a specific lease or all lease lines for a specific period. This list can be useful to validate the following:

  • Lease Payment Amounts
  • Net Investment in Lease and NIL Lease Receivable Value
  • Deferred Rent Receivable/Deposit Liability
  • Lease Income
  • Unguaranteed Residual Value

Subledger Validation

Navigation: NetLessor > Reports > Subledger Reports > Subledger Period End Balances > Run

This report shows subledger month-end balance for the period selected by lease. To view for the desired period, select Filters and enter the end date of the period in the To field. This report pulls the information from the schedule line list and is useful to validate the following:

  • Net Investment in Lease
  • Capitalized Initial Direct Costs
  • Deferred Rent Receivable/Deposit Liability
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