Running monthly postings for head leases and subleases
Head leases use the regular Post to G/L action, while subleases have a separate action that posts monthly entries into the General Ledger.
Select a period you want to run postings for, then execute actions Post to G/L (for Head Leases) and Subleases Post to G/L (for Subleases).
Here are the G/L entries for the head lease:
Right-of-Use asset is not depreciating on the head lease.
These postings will appear on the sublease:
