Reporting
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      Initial Journal Entries

      You can view Initial Journal Entries a few different ways in LeaseCrunch

      If you're looking for the initial journal entry associated with a lease, there are a few ways you can find it:

      Find the Initial Journal Entry in the Data tab of the Journal Entries

      1. Select the desired lease in the My Leases tab.
        My leases tab

      2. Select the GL date range for the month in which the lease begins.
        GL date range

      3. The Journal Entries report will download to your downloads folder.

      4. The first lines of the Data tab of the Journal Entry report show the initial journal entry to recognize the lease.
        Journal entry report
      5. If there are any balances from pre-existing lease accounting guidance, the recognition is posted in the initial journal entry as well:Balances from pre-existing lease accounting guidance

       

      Find the Initial Journal Entry in the Leases tab of any Report

      1. Every excel report in LeaseCrunch contains a Lease tab.  

      2. Select the Lease tab and scroll to columns AR through AU.  
        Lease tab

      3. These columns show the initial journal entry for all leases included in the report query.