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Use this type to derecognize the ROU asset when the lease term ends. Spacebase books the closing entries on the accounting end date: it credits the gross ROU asset, debits accumulated amortization, and clears any residual value. The lease liability is not touched; the amortization schedule should already have accreted and paid it down to zero. This option does not change the term or record an early termination. It is hidden when your company is configured to add expiration entries automatically, which is the default, because Spacebase already includes these entries in every snapshot. Spacebase also blocks the option when closing entries already exist. The end date must be after the accounting lock date.