We have noticed for some Ordinary annuity, quarterly payment schedules with payment date in the middle of the month, the lease balance forecast report does not capture the lease at the month end of lease start date.

For example, lease commencement date is 13/02/2024, Ordinary annuity with 1st payment due on 13/05/2024. When we run the lease balance forecast report till end of Feb, it doesn't capture the lease. And, only when we run the report on or after 12/03/2024, the lease can be captured. However, in Lease liability amortisation schedule, there's a beginning balance amount on 13/02/2024, and ending balance on 12/03/2024 is a different amount. Apparently, there's movement in balance from Feb to Mar 2024, so there should be some balance at the end of Feb. Once contract is signed and lease started, the liability should be reported even though payment is due much later.