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Phase 4 of PeopleSofts Lease Accounting enhancements delivers a shared product functionality between PeopleSoft Asset Management and PeopleSoft Lease Administration. The first 3 phases, delivered in Update Images 10, 19, and 24, directly impacted Lease Administration customers only. Asset Management users can now use Lease Administration features delivered in the previous 3 phases. This functionality specifically addresses the core accounting requirements for payables leases. Shared product functionality does not require a full Lease Administration license. The first step to using the shared product functionality is migrating your Asset Management Leases to the Lease Administration data structure. A new activity guide enables you to perform all of the tasks for the migration. Select the Asset Management lease data migration tasks from the left panel. These tasks are divided into 3 sections, Initial Assessment of Asset Management, Pre-Migration Configuration, and Migration Proces