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Lease Accounting Software Solution
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A Tool to Streamline Your Lease Accounting and Management
Addressing Standards FASB ASC 842, ASC 840, IFRS 16, IAS 17 and GASB 87.
To comply with the new lease accounting standards, spreadsheets just won’t cut it. You need a lease accounting system that can account for vehicles, equipment, and real estate leases. And you need expert advisement to help you properly apply the new standards.
Schedule a consultation and demo of our software to see:
A comparison of financial statements under ASC 840/IAS 17 vs. ASC 842/IFRS 16
Complete disclosures meeting requirements outlined in the respective guidance
Built-in controls for data accuracy
How to enter a lease in minutes, including all pertinent details
How the system distinguishes between capital/finance and operating leases
How to track all changes made to a lease
Customizable and standardized reports
Transition journal entries from ASC 840/IAS 17 to ASC 842/IFRS 16