AssetAccountant allows the management of leases which cover multiple assets, in particular using the following features:
- Creation of a "Master Lease"
- Allocation of assets to a Master Lease
- Splitting the total amount financed across these assets
- Reduction of the remaining lease balances in the event of a partial pay-out
This article covers Step 3.
3. Splitting the Master Lease value across multiple assets
To start this process, you will need to have added the assets to the master lease (step 2 above). The screen will look like this and to start adding the financed amounts for each lease in the asset press "Add Amount Financed" as shown below:
You will then be able to confirm or overwrite the amount financed in respect of this lease:
Do this for each asset in the master lease and the screen will then display those amounts: