GASB 96
Simplified

Easily and accurately account for Subscription-Based IT Agreements (SBITAs)

LeaseQuery for GASB 96 is a cloud-based solution backed by the expert team of CPAs who built our industry-leading GASB 87 lease accounting software.

Most GASB organizations have 20+ SBITAs under the financial and accounting guidelines of the GASB 96 standard. We understand the intricacies of the new GASB 96 statement the way only accountants can. LeaseQuery’s solution for GASB 96 handles the complex capitalization criteria and subsequent accounting to simplify compliance with the new guidelines.

Beyond compliance, LeaseQuery’s GASB 96 solution facilitates budgeting and cross-department collaboration by housing financial and contract information on all your SBITAs in one place.

Features

Amortization Schedules and Journal Entries

CPA tested and approved calculations for numbers you can trust.

Contract Upload and Management

Cloud-based central repository keeps everything related to your SBITAs in one place.

Comprehensive
Activity Tracking

Record activity for each SBITA by appropriate stage – preliminary, implementation, or operational. 

Automated Footnote Disclosures

Complete quantitative disclosure reports at the click of a button for confident compliance without a hassle.

Get ahead of GASB 96

Use our GASB 96 (SBITA) contract tracking spreadsheet to easily document your subscription arrangement data. This tool helps you:

  • Record complete data
  • Cross-check for accuracy
  • Enable collaboration