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NETLESSOR 2020.2 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 2020.2

  • Allow for Negative Fair Value/Carrying Costs and Negative Payments

  • Bypass Processed with no Journal Entry Posted on Go-Live

  • Update Final Period Schedule Line Entries to Write Down NIL, Deferred Rent, and Cap Initial Direct Cost Values on Termination

WHAT DO YOU NEED TO DO?

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

  • Select “Do Not Update Deployments” on Suitelets

  • Reach out with questions on any of the new features

WHAT TO EXPECT IN THE NEXT RELEASE

  • Additional Reporting for modifications, renewals, etc.

  • Ability to Modify Lease after Completion

  • Segregation of NIL balances between Lease Payments Receivable and Lease Residual Value Receivable

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

OTHER NETLESSOR RESOURCES

NetLessor User Guide

NetLessor Release Notes Archive

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