Equipment

Equipment lease accounting software

The most comprehensive equipment lease accounting platform on the market

When it comes to managing equipment leases while complying with the new FASB/IASB guidelines, no solution is more intuitive — or more robust — than ProLease’s Equipment Lease Accounting software.

As part of the larger ProLease platform, our Equipment Lease module gives accounting and finance professionals the power to track and manage assets of every kind: office equipment, IT equipment, warehouse tools, fleet vehicles, and more.

ProLease also gives users constant visibility of critical data points like lease terms, options, expenses, taxes, depreciation schedules, residual value guarantees, and renewal/purchase/return critical dates.

KEY FEATURES

Excel Data Upload Template

Track Multiple Assets in a Lease

Account at Lease or Asset Level

Manage Expenses and Taxes

Critical Date Email Alarms

Document Management

Standard and Custom Reporting

Live Support from Lease Experts

Turn-key Implementation Services

Training

The ProLease professional services team is available to schedule multiple training sessions for your various user groups. Training can be performed onsite at your office or via web meeting.

Accounting Integration

Automate your rent payment process, accounting journal entries, and more with ProLease accounting system integration. We have helped clients integrate ProLease with systems including Oracle, SAP, Lawson, Workday, Great Plains, and others.

Data Migration

The ProLease development team can get you started by migrating your existing lease data into ProLease from virtually any database or file format.

Lease Abstraction

MRI Lease Intelligence enables you to abstract and enter leases directly into your ProLease database, as part of your initial implementation as well as ongoing support.

Lease Accounting: The Big Picture

With integrated Real Estate and Equipment modules, ProLease is one of the few platforms offering a complete lease administration and lease accounting solution that complies with the new FASB/IASB guidelines. We have met and worked directly with the FASB and IASB over the last seven years to build a compliant software solution for every activity related to lease accounting.

With the ProLease Lease Accounting solution you can:

  • Perform lease classification tests
  • Generate lease capitalization schedules for finance and operating leases
  • Provide dual FASB and IASB reporting on the same lease
  • Interface with your accounting system for journal entries
  • Generate disclosure reports

READY TO GET STARTED?

 

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