How does a change in discount rate affect the ROU Asset and Lease liability?
Changing the discount rate affects previous ROU Asset and Lease Liability calculations.
A higher discount rate will drive a smaller ROU asset and Lease Liability. A lower discount rate will drive a higher ROU asset and Lease Liability.
Proceed with caution: Changing the discount rate in Crunchafi Lease Accounting software will affect previous ROU Asset and Lease Liability calculations.