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March 2024: Product Release Notes


Lease Accounting Module

  • Add an account for ROU Asset Reduction -  Similar to a capital asset, some companies separately track the ROU Asset reduction journal entries in an amortization account. Now you can add an account for ROU asset amortization for Operating Leases.
  • Approval Email notifications for impairments and changes in GL Accounts or Segments - When modifications are made to GL accounts or segments, as well as in cases of impairments, Occupier sends out an email notification indicating that approval is needed.