This blog post summarizes – in plain English – Type A leases under the new proposed lease accounting rules. In less than 3 minutes, you will learn all you need to know about type A leases under the new lease accounting rules.
Click here to continue reading…
Image courtesy of pakorn at FreeDigitalPhotos.net
LeaseQuery is lease accounting software that helps companies manage their leases. Rather than relying on excel spreadsheets, our clients use LeaseQuery to get alerts for critical dates (renewals, etc), calculate the straight-line amortization of rent and TI allowances per GAAP, provide the required monthly journal entries (for both capital and operating leases) and provide the commitment disclosure reports required in the notes and the MD&A. Visit us at www.LeaseQuery.com