Real Property / Leases / Lease Portfolio / Extension for Lease Accounting

Entering Right-of-Use Adjustments (Options that Have Been Exercised, or are Likely to be Exercised)

The topics in this section concentrate on entering ROU options that have been executed, or are likely to be executed. These topics are:

• Record an Option for Space Expansion (or Contraction) that has been Exercised (or likely will be exercised)
• Record an Option for Early Termination that has been Exercised (or likely will be exercised)
• Record an Option for Improvement that has been Exercised (or will likely be exercised)

The online help also includes a section for initially entering your ROU options when defining the lease. See Entering your Leases and Lease Right-of-Use Options with the Lease Portfolio Console.

You can also enter right-of-use adjustments when working with the Lease Classification Wizard's Step 3 tab.