A lease accounting software solution tailored for multi-Company entities and CPAs
This product offers a simple solution to a complicated challenge specifically designed for multi-company entities and CPAs, offering a managed service solution to their end users. The solution allows for a centralised administration of the lease accounting for the reporting entities, while allowing the end users full visibility of the outputs. Scalable by number of reporting entities and overall lease volumes.
Features
- FASB ASC 842 and IFRS 16 compliance made easy
- Simplified accounting for re-measurement and other in-life lease events e.g., impairments
- Amortization and depreciation schedules
- Journal report
- Accurate disclosures and simplified audit trail reporting
- Lessee accounting
- Scalable up to 30 leases per entity with a maximum of 480 leases
- Up to 5 centralised / managed service administrators
- Up to 5 read only end users per entity
