The lease management module in Dynamics 365 Finance adds significant value by improving compliance, accuracy, visibility, efficiency, financial reporting, and cost savings related to lease management and accounting processes. Check out our demos below for an overview of its features, plus some example use cases.
Learn about the core functionalities in Lease management and the value it can bring to your organization:
Now let’s dive in to detailed exploration of the lease management workspace within Dynamics 365. You’ll see how this workspace serves as a central hub for managing leases and associated information, offering a clear view of key components like payment schedules, asset depreciation schedules, liability amortization schedules, and expense schedules. You’ll also learn about the creation of asset leasing journals and the importance of fields like fair value and incremental borrowing rate in lease accounting.
Lease management is for your operational leases, too! In this demo, see the distinctions between leasing a printer and a store, with a focus on the shorter duration and lower cost associated with the printer lease. You’ll see how the system determines the lease’s useful life and classifies it as a short-term operational lease, all based on predefined parameters. The automated lease classification features are essential for ensuring precise financial postings and streamlining processes for finance teams, minimizing the need for manual intervention.
To wrap things up, let’s take a look at an example showcasing the system’s flexibility and functionality in managing lease adjustments and modifications. The system allows for flexibility in your decision-making, enabling you to defer choices until later and adjust leases accordingly. Additionally, discover additional functionalities such as using the adjust book feature for store improvements and managing lease impairments. See how the system provides flexibility to accommodate common lease management use cases and make adjustments as needed.
Ready to get started with lease management in Dynamics 365? Contact us today to discuss next steps!