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- Help Center
- Lease Accounting
- Recognizing a Lease
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Getting Started
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Lease Administration
- Equipment Leases
- Change History Log
- Clauses
- Document Storage
- Financials
- Creating & Editing a Lease
- Critical Dates
- Lease Column Configurations
- Custom Fields
- Contacts
- Filtering
- Assets
- Lease Data Exports
- Occupier Analytics Dashboard
- Customizing Data Categories
- Lease Admin Overview
- Column Configuration & Filtering
- Tasks & Commenting
- Lease Payables
- Lease Data Imports
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Lease Accounting
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Transaction Management
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Broker Deals CRM
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Monthly Release Notes
What is a Lease Payment?
A Lease Payment is consideration (like cash) remitted to a lessor in exchange for the right to use a leased asset.
Why are Lease Payments important?
Lease Payments are crucial to Lease Accounting as they are a key input used to derive the opening balances of the lease liability and the ROU asset. As a result, they also form the basis of the subsequent accounting under the new regulations.