Just a T.A.D. Episode 5: Lease & SBITA Prepayment Accounting

In episode 5 of “Just a T.A.D.,” GFOA’s Todd Buikema discusses how to account for prepayments as they apply to lease and SBITA arrangements. This quick overview will show the effect prepayments have on lease/subscription liabilities and right-to-use assets, and show example journal entries.

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"promosm" 😋