<img alt="" src="https://secure.hall3hook.com/198371.png" style="display:none;">
Skip to main content

How can we help you?

    Can I combine short term and long term liability?

    LeaseCrunch software requires short and long-term liabilities to have unique GL account numbers.

    In the Journal Entry report, the short-term portion of the liability is automatically calculated and disaggregated from the long-term liability to provide GAAP compliance. 

    If you report using an unclassified Balance Sheet, the short-term and long-term liabilities can be combined outside of LeaseCrunch software.