The following event types are delivered for use with the various chain jobs of Debt Management, but can also be used to manually record leases. Other event types used are in Accounts Receivable.
LS14: Leased Asset Disposal - This event type is used with the Fixed Asset Disposition (FD) transaction to dispose of an asset that is going to be leased out to a lessee. Then when the asset is returned after the lease it is recorded anew with the FA01 event type. An alternative is to leave the asset on the books and then the value is adjusted when the asset is returned. In such a case depreciation should not be done while the asset is leased out.
Posting Pair A: Depr Catch Up
Dr F020: Depreciation Expense (NE)
Cr F040: Accumulated Depreciation (CA)
Posting Pair B: Rvrs Accm Depr
Dr F040: Accumulated Depreciation (CA)
Cr F002: Fixed Asset (A)
Posting Pair C: Back-out Sale
Dr F010: Fixed Asset Offset (E)
Cr F002: Fixed Asset (A)
Posting Pair D: G/L Expense
Dr F002: Fixed Asset (A)
Cr A365: Deferred Lease Revenue (L)
Prior Event Types: Referenced accounting activity for this event type is not possible.
Subsequent Event Types: Referencing accounting activity for this event type is not a likely occurrence.
LS32: Accrue Lease Revenue - This event type is used with the Debt Accounting (DA) transaction to accrue lease revenues to be billed after the accrual period when the prior expense occurred before the start of that accrual period.
Posting Pair A:
Dr A375: Accrued Lease Revenue Offset (A)
Cr R010: Earned Revenue (NR)
Prior Event Types: Referenced accounting activity for this event type is not possible.
Subsequent Event Types: While not directly referencing this event type, the later accrual reversal will use the same event type with a negative line amount to reduce what was initially accrued.