LEASE ACCOUNTING

As a web-based ERP platform, Aclarian's Lease Accounting module can be accessed from any device with an internet connection, enabling users to work remotely and access critical business information from anywhere.

The New Capital Lease Form is an intuitive, easy to use form that, when completed, will generate a capital lease record under GASB 87 or 96.  The form is very intuitive and requires little training to get started.

Users can document the results of their analysis of a potential lease agreement through the Lease Evaluation Form.  All completed forms, including Lease Evaluation Forms that did not result in a lease under GASB 87/96, can be easily accessed through Aclarian's Form Search feature.

Aclarian's library of reports includes all information needed to efficiently record journal entries each period based on the accumulation of all activity from each individual lease, as well as capture and report all necessary disclosure information derived from each Capital Lease Form and summarized within the report.