Operating Lease Test
Use this free tool to quickly evaluate the 4 rules to determine if your lease is a capital (finance) or operating lease.
DETERMINE YOUR LEASE CLASSIFICATION
Evaluate whether your lease is operating or capital under FASB 840 and IAS 17.
EVALUATE LEASE BY LEASE
Enter each lease to determine if it meets any of the 4 criteria required for classification.
SIMPLIFY A COMPLICATED PROCESS
Walk through the questions and calculations required to determine your lease classification.