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.

Automated
Footnote Disclosures

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

Download our GASB 96 Transition Guide

Use our Transition Guide to simplify adoption of the new GASB 96 standard. Our tips help you:

  • Identify your SBITAs
  • Track SBITAs across your organization
  • Vet GASB 96 software