Lease accounting
You may find the situation that you take delivery of an asset on a particular date, and the depreciation starts on that date, however because of a delayed t...
Thu, 24 Aug, 2023 at 1:49 PM
The accrued interest is the interest to the date of the report that's calculated as accrued to the end of the month but won't be paid until the next...
Fri, 22 Sep, 2023 at 10:21 AM
For leased assets in AssetAccountant it is possible to accommodate increasing interest rates during the life of the lease. E.g. after year 1, if the interes...
Thu, 16 Nov, 2023 at 6:11 PM
Yes, you can use AssetAccountant's lease functionality to track loan values. We suggest separating them into their own Asset Group so they would pos...
Fri, 24 Nov, 2023 at 11:24 AM
AssetAccountant can handle yearly or CPI interest rate increases and generate a payment schedule to include these changes each year. To enable rate incr...
Mon, 11 Dec, 2023 at 3:25 PM
For an Australian lease, if you have the situation where the entire cost of the lease can be claimed on GST, when using AssetAccountant, should you deduct G...
Thu, 14 Dec, 2023 at 12:05 PM