Lease accounting and the GL journals created can sometimes be difficult to understand.
Your entries into AssetAccountant will have lease liability, movements between your payment clearing account(s), interest expense, deprecation expense and accumulated depreciation.
A tip our subscribers have found helpful getting used to the lease journals is to run them incrementally.
For example, run a journal for Lease Additions only.
Then run a second journal (over the same date range) for Lease Movements.
This can make the journals much easier to comprehend.
