Core TSIs : Lease Accounting : Working with lease accounting : Financial event registration : The REMEAS financial event
The REMEAS financial event
Planon automatically triggers a remeasurement and creates a REMEAS financial event after you made one of the following contract changes:
• you decreased the amount (AMOUNT_DEC event) or increased the amount (AMOUNT_INC event)
• you changed the contract's physical extent or quantity (QUANT_DECR, QUANT_INCR)
• you exercised a 'reasonably certain' renewal option (EXE_NEWCER event)
• you exercised a 'not reasonably certain' renewal option (RENEWAL event)
• you exercised a termination option (TERMINATE event)
• you exercised a purchase option (PURCHASE event)
• you shortened the duration of a lease contract line by adjusting the end date (SHORTEN event)