Lessor Lease Revenue
Definition
This account is used to record the amount of revenue earned from (1) Short- term lease payments paid to a lessor based on the provisions of the lease contract; (2) Intragovernmental lease receipts to a lessor, including lease related operating costs (maintenance, utilities, taxes, etc.,) received from the lessee based on the provisions of the lease agreement; and (3) Variable payments based on future performance of the lessee or usage of the underlying asset in leases other than short-term, intragovernmental, and lease contracts that transfer ownership. For certain variable payments included in lease receivable rather than revenue, see SFFAS 54, Pars. 57-58.
Source: Section II ·
p1sec2-acctdef-2026.pdf
Required attributes & legal values
11For each attribute this account reports, these are the only domain values GTAS will accept for this account (Section IV).
Transactions
5Credit · Proprietary entry C109 To record the receipt of previously anticipated collections.
Credit · Proprietary entry C420 To record accrued revenue or other financing sources without budgetary impact.
Credit · Proprietary entry D437 To record a refund of offsetting collections, other than advances, that were collected in the current year.
Debit · Proprietary entry F336 To record the closing of revenue, expense, and other financing source accounts to cumulative results of operations.
Debit · Proprietary entry
Statement crosswalks
5Cumulative results of operations - Funds from Dedicated Collections (Note 21) V Balance Sheet · line 42.2
Cumulative results of operations - Funds from other than Dedicated Collections V Statement of Net Cost · line 2
Less Earned Revenue VI Reclassified Statement of Net Cost · line 10
Non-federal earned revenue VI Reclassified Statement of Net Cost · line 11.2
Buy/sell revenue (exchange) (RC 24) - Footnote 2