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Lease Accounting for Acumatica

We help accountants and other finance professionals eliminate lease accounting errors that will lead to material misstatements through our CPA-approved lease accounting software and implementation process.

Our specialized lease accountants support our clients every step of the way towards compliance, ensuring minimal business disruption.

Acumatica Certified Application
  • 2020 R2
Industry Served
Cross industries or Rental
Benefits for Your Business

Key features

  • Fully Compliant with ASC 842, IFRS 16 and GASB 87
  • Ability to Store and Manage All Lease Documents
  • Critical Date Alerts
  • Role Based Access
  • Industry Agnostic
  • Pre-Built Disclosures for Quarter and Year-End Reporting
  • Flexible Reporting Studio for any Additional Reports
  • Full Amortization Schedules for Lease Liability and Right of Use Asset

About LeaseQuery

LeaseQuery takes your lease accounting through compliance and beyond. From reporting to journal entries, our CPA-approved, cloud-based solution simplifies lease accounting and facilitates compliance for organizations across all sectors reporting under FASB, IFRS, and GASB. PLUS seamless integration with Acumatica automatically produces the journal entries necessary to the Acumatica General Ledger.

LeaseQuery is built with the complexities of lease accounting in mind, arming accountants with operational tools, data integrity, accounting intelligence, and the specific disclosure reports required by auditors and regulators.

Videos

Resources

Compliance Timeline One Sheet
What is Lease Accounting?
General Overview
Integration Overview

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