Wish there is an option at point of fixed asset purchase, option to define fixed asset lease depreciation schedule with option to set capitalization date and option to easily process reclassifications after lease contract ends.

Not featuring option to capitalization remaining fixed asset balance or remaining scrap value from within fixed asset leases purchase acquisition, and not featuring option to identify leases and depreciation (ONLY after capitalization), user may potentially process fixed asset journal entries conventionally.

Category: Fixed assets



Remark: Example: we acquire a fixed asset leases, however, after x period for $5.00 dollars, the asset become ours, therefore the initial option to auto-set a fixed asset to depreciation INSTEAD of leases expenses.

Category: Fixed assets