Core TSIs : Lease Accounting : Working with lease accounting : Terminating a lease contract
Terminating a lease contract
If you terminate a contract in the last accounting period of its duration and the lease amount is changed after termination, the commitments and the final record are recalculated.
If required, Planon will automatically remeasure the contract and recalculate the commitments. By default, the remeasurement date will be the change date. If required, you can perform a manual remeasurement at an earlier date.
For more information on remeasurements, see Performing a remeasurement.