If you're looking for the initial journal entry associated with a lease, there are a few ways you can find it:
Find the Initial Journal Entry in the Data tab of the Journal Entries
- Select the desired lease in the My Leases tab.
- Select the GL date range for the month in which the lease begins.
- The Journal Entries report will download to your downloads folder.
- The first lines of the Data tab of the Journal Entry report show the initial journal entry to recognize the lease.
- If there are any balances from pre-existing lease accounting guidance, the recognition is posted in the initial journal entry as well.
Find the Initial Journal Entry on the Leases tab of any Report
- Every Excel report from Crunchafi Lease Accounting contains a Lease tab.
- Select the Lease tab and scroll to the columns labeled Initial Journal Entry in row 1.
- These columns show the initial journal entry for all leases included in the report query.