3 Easy Steps To Start Saving
Ideal for over 30 leased assets – buildings, equipment or both.
Our clients are in multiple industries including retail, healthcare, finance and manufacturing.
Benefits of LeaseQuery
LeaseQuery is lease administration software which enables accountants and real estate professionals to:
Features of LeaseQuery
LeaseQuery is a cloud-based, lease management software which enables companies who lease real estate and/or equipment to simplify their accounting for leases and easily comply with the new GAAP lease accounting guidelines.
Accounting For Leases: New FASB Lease Accounting Rules
LeaseQuery simplifies accounting for leases of real estate and equipment.
Our lease accounting software already complies with the new IASB and FASB lease accounting rules.
LeaseQuery calculates the ROU asset and lease liability under the new rules.
Reports
LeaseQuery makes it simple, you don’t have to dig through hundreds of reports to find the one you need.
Two built-in reports: The Commitments and Contingencies reports required in your notes for GAAP and the commitments reports required in the MD&A.
Need more reports? It’s simple and easy to build any report you want, with any attribute you want.
Lease Classification Test
Determine if your lease is an operating/capital lease in minutes.
Provides evidence for your auditors to support your lease classification.
It’s a step by step guide that so easy to use, it’s been called the “TurboTax for Lease Accounting.”
You can actually use the test for FREE by clicking here.
Document Management
Organize all of your lease documents in any format (pdf, word, etc) in one searchable database.
Our state of the art search function lets you retrieve precisely what you are looking for.
Data Integrity
LeaseQuery ensures that errors are not introduced into the system by requiring all leases entered to be approved by someone other than the person who entered it.
Each lease has an audit trail, disclosing who entered it, who approved it, who modified/edited it, and who deleted it.
Critical Dates
Manage critical dates like expirations, renewals, and any custom dates.
Users have the ability to set different tasks under multiple leases and assign them to an employee, along with a “complete by” date.
Never miss a critical date again.
LeaseQuery Blog Posts
Our Lease Accounting Experts Answer Your Lease Queries
