Required. Enter the end date of the lease, including any renewal periods considered for accounting purposes to be part of the lease term because renewal, at lease inception, is considered reasonably certain. Don’t include any optional renewal periods; enter them in the Options grid on the Term/Options tab.
Note that for a lease that is a whole number of months long, the end date should not be the same day of the month as the begin date. For example, a one-year lease that starts on January 1 should end on December 31, not January 1 of the next year.
If you prefer, you can have EZLease calculate the End Date based on the length of the lease. To do this, enter the lease Begin Date, then double-click on the Term box (where the number is shown). An input box displays; enter the number of months the lease is active. The End Date is calculated.