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Preview of Lease Accounting

Finance ยท FastInsights

Demo ready

Lease Accounting

ASC 842 leases, from contract to schedule

20 people interestedgoal 200

Run your leases under ASC 842 without rebuilding the math in a spreadsheet every quarter. You classify each lease as operating or finance, build the right-of-use asset and lease liability off the term and discount rate, and get the amortization and interest schedules that back your journal entries. The numbers tie out, so your close and your auditors see the same support you do.

What it would do

  • โœ“Classify leases as operating or finance under ASC 842
  • โœ“Build the ROU asset and lease liability from your terms
  • โœ“Generate amortization and interest schedules per lease
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