How to reclassify Lease

“Reclassify Lease” function transfers RoU Asset to the different asset category. G/L Entries are created automatically in the system.
To run lease reclassification function open lease agreement card. Go to actions and click “Reclassify Lease” action button. Enter “Reclassification Date” ( must be in current period) and new “Lease Category”. Click “OK”.

Result :

You can see that RoU remaining balance has been transffered over to different GL. Liability were just +- to same accounts as they are same between categories.