This partnership between industry leaders offers customers more purpose-built accounting capabilities and expertise ATLANTA - July 12, 2023 - LeaseQuery, a leading provider of software built to...
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2023 Accounting Tech Summit: Valuable Insights
LeaseQuery recently conducted a free virtual event to help accountants identify how technology can aid in a variety of accounting tasks and transformations. Over 750 event attendees heard accounting...
ASC 840 vs ASC 842: Differences between the Old and New Lease Accounting Standards
1. ASC 840 summary Balance sheet recognition for operating leases ASC 840 to ASC 842 transition date 2. ASC 840 vs ASC 842 Determination of lease classification Lease classification criteria Lease...
LeaseQuery Recognized by SIIA as Best Compliance Solution
LeaseQuery earns prestigious industry recognition for a second consecutive year ATLANTA, GA (June 27, 2023) – LeaseQuery, a fast-growing provider of software built to simplify the complexities of...
What Nonprofits Need to Know About ASC 842
ASC 842 at a glance ASC 842 is the new FASB lease accounting standard. It governs how entities record the financial impact of their lease agreements. The biggest change is the standard now requires...
LeaseQuery Completes System and Organization Controls (SOC) 1 Examination
The completion of the SOC 1 report showcases LeaseQuery’s dedication to implementing proper internal controls ATLANTA - June 1, 2023 - LeaseQuery, a leading provider of software built to simplify...
LeaseQuery Solutions Garner Industry Recognition in Atlanta’s Technology Market
Atlanta lease accounting software proves itself a force in local and national tech industries ATLANTA – May 31, 2023 – LeaseQuery, a fast-growing provider of software built to simplify the...
Helping Your Accounting Team Succeed on NetSuite
Guest post article by Anchor GroupNetSuite, in its simplest form, is an accounting software. Every NetSuite implementation is different, and switching over to NetSuite ERP can affect every area of...
Leases Are More Than Just Real Estate & All Industries Have Leased Assets
Heads up! You may have more leases subject to compliance than you realize. Do you rent any equipment for your business? Do you have any service contracts granting you access to specific assets? If...
LeaseQuery Named 2023 SIIA CODiE Award Finalist in Business Technology, Best Compliance Solution
LeaseQuery has been recognized by peers as a market leader. ATLANTA - May 17, 2023- LeaseQuery, a leading provider of software built to simplify the complexities of accounting, announced today it...
LeaseQuery Names Justin Smith as Chief Financial Officer
Goldman Sachs executive brings deep financial advisory experience with software technology companies. ATLANTA — May 9, 2023 —LeaseQuery, a leading provider of lease accounting software, has hired...
LeaseQuery Named Top Lease Accounting Software on G2 Crowd Eight Quarters in a Row
Real users on G2 rated LeaseQuery as the no. 1 software on the market for the past two years. ATLANTA — April 21, 2023 —LeaseQuery, a leading provider of software built to simplify the complexities...
LeaseQuery Joins the Information Technology Alliance (ITA) as an Alliance Partner
ATLANTA, GA - April 12, 2023 – Being recognized for its clear commitment to providing superior technology products and solutions to small- and mid-market businesses, LeaseQuery has joined the...
Depreciation Expense & the Straight-Line Depreciation Method Explained with a Fixed Asset Example & Journal Entries
1. What is depreciation? Depreciation expense Accumulated depreciation 2. Depreciation methods in accounting Straight-line method of depreciation Declining balance method of depreciation...
Related Party Leases under ASC 842: Review of the Accounting Changes
Update to ASC 842 for Common Control Arrangements Common control leasing arrangements are frequent among private companies for various reasons, including tax planning and legal liability. However,...
March 2023 LeaseQuery GASB Summit: Key Insights
March 2023 LeaseQuery GASB Summit: Key Insights On March 23, LeaseQuery hosted another virtual GASB Summit, during which accounting experts explored the new GASB lease accounting standards, GASB 87...
What Are Fixed Assets? Fixed Assets in Accounting Explained
1. What are fixed assets? 2. What are the three types of fixed assets? 3. What are some examples of fixed assets? 4. How do you account for fixed assets? 5. How do you calculate fixed assets? 6....
SaaS Spend Management Explained and Best Practices
The swift rise of the remote workforce moved a significant amount of technology to the digital cloud. If your organization uses software applications, you’re likely using Software as a Service...