Core TSIs : Lease Accounting : Working with lease accounting : Using the automated selection of discount rates : Discount rate wizard
Discount rate wizard
If the Use discount rate table? field is set to Yes and you click Perform a remeasurement, the discount rate wizard will appear.
Screen capture showing the first step of the Discount rate wizardScreen capture showing the first step of the Discount rate wizard
1. Enter a date for remeasurement.
2. Indicate whether you want to revise Payment or Restoration costs and click Next.
Screen capture showing the second step of the Discount rate wizardScreen capture showing the second step of the Discount rate wizard
◦ The Old rate displays the rate as found on the contract line.
◦ The Auto-selected discount rate code refers to the rate from the discount rate table.
◦ The Autoselected rate displays the actual value of the rate.
3. The proposed rate is displayed in the Revised discount rate. You can manually override this value.
4. Click Complete.