NETLEASE 2020.4  RELEASE NOTES

Release notes highlight recent product improvements, any necessary action items, and new features to come so you can stay up to date on our product features.

updates in version 2020.4

  • Multi-Book Support for Short Term, Low Value, and ASC 840 Posting

    • Secondary book posting can now be set to post Short Term, Low Value, and ASC 840 entries

  • ​Automated Custom Segment Posting

    •  Segments can now be added to the lease record and setup to automate posting to any journals generated by the lease

  • Negative Lease Payment

    • Leases can be setup with negative payment amounts to facilitate intercompany eliminations

  • Custom Reclass Types

    • ​New reclass types can be created to perform user defined reclass entries​

What Do You Need to Do?

  • Your NetSuite Administrator should update your NetLease bundle (Customization > SuiteBundler > Search & Install Bundles > List)

  • Reach out with questions on any of the new features

What’s Next?

Here are a few areas we will now be turning our efforts toward for in our next upcoming release(s):

  • Prepaid Lease Amortization Support (Auto-tagging of Lease ID on native prepaid amortization entries from originating vendor bill/transaction)

As always, please reach out to support@netgain.tech for comments and suggestions.

OTHER NETLEASE RESOURCES

NetLease User Guide

NetLease Release Notes Archive

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