Lease accounting

Creating a Master Lease (Managing multiple assets as a part of one lease - part 1)
AssetAccountant allows the management of leases which cover multiple assets, in particular using the following features: Creation of a "Master Lea...
Fri, 13 Sep, 2024 at 5:06 AM
Allocating assets to a Master Lease (Managing multiple assets as a part of one lease - part 2)
AssetAccountant allows the management of leases which cover multiple assets, in particular using the following features: Creation of a "Master Lea...
Fri, 13 Sep, 2024 at 5:06 AM
Splitting the Master Lease value across multiple assets (Managing multiple assets as a part of one lease - part 3)
AssetAccountant allows the management of leases which cover multiple assets, in particular using the following features: Creation of a "Master Lea...
Fri, 13 Sep, 2024 at 5:06 AM
Creating a Master Lease (Managing multiple assets as a part of one lease - part 4)
AssetAccountant allows the management of leases which cover multiple assets, in particular using the following features: Creation of a "Master Lea...
Fri, 13 Sep, 2024 at 5:06 AM
How does AssetAccountant handle Current and Non-Current Lease components
The AssetAccountant system invites you to map your GL Accounts in Asset Group settings when setting up leased assets. This way Current and Non-Current L...
Tue, 24 Sep, 2024 at 3:13 AM
Lease term different to useful life (effective life) for depreciation
Do you have assets in AssetAccountant being depreciated AND with a finance right of use lease attached to it that has a different lease term than its useful...
Sat, 28 Sep, 2024 at 5:32 AM
Can I import a custom lease schedule?
Sometimes you may find a small variance between the generated lease schedule in AssetAccountant and your finance company’s calculation, in terms of allocati...
Wed, 30 Oct, 2024 at 2:54 AM
The "ASC 842 OP" method of depreciation option
What is the "ASC 842 OP" method of depreciation option in accounts depreciation settings when an asset in AssetAccountant has a lease attached to ...
Wed, 6 Nov, 2024 at 1:56 AM
ASC 842 and amortizing interest over the life of a lease
Amortising the interest amount on a straight line basis over the life of the lease is NOT how AssetAccountant is set up. AssetAccountant follows strictl...
Tue, 10 Dec, 2024 at 1:01 AM
CPI increases and lease liability - IFRS 16 & US GAAP
Future CPI increases (or other increases dependent on an index/rate) are not included in the initial measurement of a lease liability and/or right-of-use as...
Fri, 13 Dec, 2024 at 12:02 PM