Alternative processing of rental concessions

Are you dealing with a reductions (concessions) of rent or lease installments due to Covid-19?

Alternative processing of rental concessions is allowed.

The Dutch Accounting Standards Board (in Dutch: Raad voor de Jaarverslaggeving (RJ), allows lessees to immediately take the result effects of a rent reduction/concession.

The comment period has ended on October 19, 2020 and the proposed alternative processing was adopted unchanged in the DASB meeting of October 21, 2020.

Curious? Take a look here.