EZLease offers you a number of options to alter how the program runs and calculations are performed. Since making changes to these options can in some cases alter report results, you have the option of locking the changes by entering a password. Once a password is set, any user of EZLease can view the System Options, but you must enter the password correctly to make any changes.
To change a System Options password, enter the current password to unlock the options, then enter a new password in the password box. You are prompted to repeat the password before it is saved.
System Options is on the File menu of EZLease's main lease entry screen.
The following options are available, grouped in separate tabs:
Selections
Accounting methodology
Number of separate years in future rent commitment report
Default depreciation method
Accrual calculation method
Rent commitments by
Display executory cost types separately in future rent report
Report tenant allowance separately from rent
Include future leases in future minimum rent commitments
Smooth rent leveling
Separate level rent from operating rent
XML spreadsheet output
Open Excel to display spreadsheet output
Report depreciation after lease expiration
Descending asset and obligation balances in amort schedule
Automatically open most recently used database
Descriptive fields in all spreadsheet output
Configuration options
New Standard
Effective date of new standard
Comparative period beginning
Default standard to use
Display executory costs
Display nonlease components
Combine accrued interest with liability
Prompt to confirm classification
Apply to comparative periods
Threshold for low-value assets
Text
Maximum interest rate
User-defined fields
Executory cost titles
Nonlease component titles
User-defined date 1, 2
Variable lease payments 1, 2
Displayed company name
Options store location
Notice Dates
Check dates each time EZLease opens a database
Notify of rent changes
Notify of expirations
Reset all to Display/Don't Display
Account Numbering
Account numbering
ARO (optional module)
Accretion compounding
ARO rates shown
Start calculating ARO expense
Economic penalty test
Accretion rates table
Recalculate accretion when rate changes (IFRS)
Group-specific rates
Recalculate AROs