I wanted to take a moment to share with you a significant milestone in our journey together. As you may have already heard, LeaseQuery has now evolved into FinQuery, marking a new chapter in our...
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Outsourcing Your Lease Accounting: 4 Best Practices to Consider
Businesses are busy. With limited time and resources, and not enough people on staff, it may be time to pass the task of maintaining compliance under the lease accounting standards on to an...
GASB Explained: Government Accounting Standards, New GASB Standards, and a Full List of Statements
1. GASB explained 2. What types of organizations report under GASB? 3. Government accounting standards 4. New GASB standards GASB 87: Lease accounting GASB 94: Accounting for public-private and...
Accounting for Service Contracts: Software Licenses & Leases
1. Accounting for leases embedded in service contracts 2. Are software licenses considered service contracts under ASC 842, IFRS 16, or GASB 87? 3. Accounting for software as a service contracts –...
GASB 87 Training: 10 Resources and Tips to Ease Your Transition
In 2017, the Governmental Accounting Standards Board released GASB 87, the new lease accounting standard for government entities. Government agencies must begin applying the new guidance for all...
Excel Accounting Functions, Practices, Tips, and Tricks
1. Excel accounting formulas and functions Common functions for accountants 2. Excel accounting practices Our favorite Excel shortcuts Understand the Excel accounting number format 3. Free Excel...
Accounting Tech Innovation Summit: Memorable Takeaways on How to Thrive in the Future of Accounting
In a year when the ability to succeed is dependent on keeping up with demand, preparing for the inevitable, and adapting to change, LeaseQuery put together a conference like no other in the...
Rent Deferment: 6 Tips for Negotiating a Rent Deferral with Your Landlord
1. See the landlord’s perspective 2. Know the full value of your lease 3. Use data to identify which leases to negotiate 4. Approach with a solution in mind 5. Collaborate across departments 6....
Improving Capital Budgeting Decisions Using Finance and Accounting Tools
1. Capital budgeting in corporate finance 2. Capital budgeting methods 3. Finance and accounting tools ERP Fixed asset systems Lease accounting systems Lease administration systems Lease vs. buy...