US GAAP Accounts

02 Jan 2024
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US GAAP Accounts

Updated on 02 Jan 2024
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Required US GAAP Accounts	Account Type	JE Reports	Entry Type	Lease Classification
Right of Use Asset	Asset	Lease Activity	Initial Balance Modification Termination	Financing Operating
Right of Use Asset Accumulated Amortization Asset	Amortization	Lease Activity	Amortization Termination	Financing Operating
Right of Use Asset Clearing	Clearing	Lease Activity	Termination	Financing Operating
Lease Payments	Cash (if payment is recorded with NetLease) Expense (if payment is initially recorded outside of NetLease)	Lease Activity	Amortization Termination	Financing Operating Sublease
Lease Liability Short Term	Liability	LTST Reclass	General	Financing Operating
Lease Liability Long Term	Liability	Lease Activity Mid-Life Balances	Initial Balance Amortization Modification Termination	Financing Operating
Lease Liability Long Term Contra	Liability	LTST Reclass	General	Financing Operating
Lease Expense (Operating)	Expense	Lease Activity	Amortization Termination	Operating
Interest Expense	Expense	Lease Activity	Amortization	Financing
Right of Use Asset Amortization Expense (Financing)	Amortization	Lease Activity	Amortization Termination	Financing
Impairment Expense	Expense	Lease Activity	Modification	Financing Operating
Gain/Loss on Lease Transactions	G/L	Lease Activity	Termination	Financing Operating
Sublease Income	Income	Lease Activity	Amortization	Sublease
Transition Clearing	Clearing	Mid-life Lease Balances	General	Financing Operating

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