AMTdirect Planned Maintenance Update
AMTdirect Planned Maintenance Update
2023-11-15T02:00:00.0000000Z
2023-11-15T02:00:00.0000000Z
Dear
MRI Client,
We will be
adding a new feature to AMTdirect during the maintenance window on November 14, 2023, between 9:00 PM and 11:00 PM ET.
New journal
entries have been created for asset-influencing items at the end of an asset's
term. "Asset-influencing
items" is a collective phrase that we use for Initial Direct Costs,
Landlord Allowances, Prepayments, and ROU Base Asset Rollover amounts. When applicable, an entry for each of these
items will be produced in the last journal entry posting period of a FASB/IASB
Schedule. The entries will reverse the
gross asset value as well as the accumulated amortization for each particular
item. These entries are similar to the
existing entry that occurs for the ROU Base Asset in the last period.
For more
information about this feature, please see the article titled “Release Notes:
End-of-Term Journal Entries for Asset-Influencing Items” in the Knowledge
Center.
This
feature is currently deployed in the Sandbox environment. If you have access to the Sandbox environment
and this change applies to you, please feel free to test as applicable. If you do not have access to the Sandbox
environment and would like to test future changes prior to Production
deployment, please contact your account manager to discuss Sandbox options.
If
this release is delayed, additional information will be posted on the MRI Notifications page. If you have any questions or concerns, please
create a support ticket via the Help menu within the AMTdirect application.
MRI Software
2023-11-15T04:00:43.5770000Z
2023-11-15T04:00:43.5770000Z
We are pleased to inform you that the scheduled maintenance has been successfully completed.