Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
ASC842 and IFRS16 Compliance: Achieved. Bloomberg Tax & Accounting Leased Assets oversees various leased asset categories and offers intricate calculations for right-of-use assets and lease obligations. Our software-as-a-service solution ensures precise classification, accounting, and reporting for leased assets in accordance with the new standards – IFRS 16 and ASC 842. Enhance your operational workflow through seamless integration with a range of ERP/GL/AP systems, leasing platforms, or other internal applications. Empower your clients to meet the requirements of ASC 842 and IFRS 16 with confidence. By automating lease accounting processes, you can boost overall efficiency while maintaining accuracy through detailed calculations. Additionally, our solution supports businesses in adapting to changing regulations with ease.
Description
Catsoft Leasecat is a comprehensive lease management application designed to facilitate the generation of reports and execute lease calculations from the viewpoints of both lessees and lessors, covering finance leases, operating leases, and hire purchases. Users can maintain a register of lease specifics for these categories, whether they are the lessee or the lessor. The reporting features encompass cash flow analysis, lease interest rates, lease terminations, and journal entry summaries. Additionally, the software offers the option for lessees to sub-lease all or part of a leased asset to another party. It includes customizable settings for interest charge methods and amortization techniques. A built-in report writer empowers users to generate tailored reports with selectable fields. The program also automatically determines the interest rate implicit in lease agreements. Furthermore, lessees have the ability to input an estimated interest rate, which can adjust the fair value, or they can receive suggested alternative rental payment options. This makes Leasecat an invaluable tool for managing various lease agreements effectively.
API Access
Has API
No
API Access
Has API
No
Integrations
FundCount
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
Yes
Online Support
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Vendor Details
Company Name
Bloomberg Tax & Accounting
Founded
1929
Country
United States
Website
pro.bloombergtax.com/leased-assets/
Vendor Details
Company Name
Catsoft
Country
United States
Website
www.catsoft.com.au/leasecat/
Product Features
Lease Accounting
Amortization Schedule
No
Asset Management
Yes
Billing & Invoicing
No
Budgeting & Forecasting
No
Capitalization Reporting
Yes
Critical Date Alerts
Yes
Expense Tracking
No
For Equipment Leases
Yes
For Real Estate
No
Payment Tracking
Yes
Portfolio Management
Yes
Tax Management
No
Product Features
Lease Management
Billing & Invoicing
No
Commercial Leases
No
Contact Management
No
Landlord Database
No
Lease Classification
Yes
Portfolio Management
No
Property Management
No
Residential Leases
No
Retail Leases
No
Sublease Management
Yes
Tenant Database
No