Reports & Note Disclosures
All of the required quantitative reports for legacy GASB, GASB 87 and GASB 96 are ready for use straight out of the box. Accountants also have access to unlimited custom reports within the system.
Security and Controls
LeaseQuery engages a Big 4 accounting firm to test internal controls bi-annually and issue two SOC 1 Type 2 reports per year, facilitating a smooth audit and compliance with GASB 87, GASB 96, & legacy guidance.
Easily allocate leases or SBITAs across funds, prepare modified accrual journal entries and apply conversion entries for government-wide financial statements.
Free RFP Template for GASB 87 and GASB 96 Software
Use our free Excel template to get detailed responses about every system
LeaseQuery’s technical accountants are experts on the new government lease and SBITA accounting standards. To help you with your search for appropriate software solutions, they’ve created this detailed RFP template that’s a must-have for governmental entities, university systems, healthcare providers, and others reporting under GASB.
The RFP contains several sections where you’ll find technical accounting details, and functionalities necessary for compliance, as well as pricing considerations. Simply enter your information into our form to receive your copy today.
Still Navigating Your Transition to the New Government Lease Accounting Standard?
The change to GASB 87 is complex for both lessees and lessors. Learn how to build a comprehensive lease inventory and accurately transition your leases to the GASB 87 standard with our free transition guide.
Included in the guide:
- Step-by-step guide to help you adopt the new lease accounting standard, GASB 87
- Tips to establishing the point person for your lease accounting transition
- Guidance on choosing the right lease accounting software for your organization