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Description
Effortlessly achieve compliance with IFRS 16 and ASC 842 standards using IRIS Lease Accounting. This innovative solution enables organizations to automate their compliance processes with the latest lease accounting regulations, streamline leasing operations, unify strategies across departments, and enhance leasing results. IRIS Lease Accounting is a reliable tool that simplifies adherence to both IFRS 16 and ASC 842. Finance professionals from various sectors, including publicly traded companies and governmental organizations, trust IRIS Innervision to revolutionize their leasing workflows, consolidate their data, and automate compliance with lease accounting standards. By eliminating inefficient spreadsheets, businesses can easily meet the latest lease accounting requirements, ensuring ongoing compliance year after year while also gaining valuable insights into their leasing activities.
Description
TURBO-Lease™ offers a comprehensive accounting software solution for lessors, featuring more than 80 predefined reports that can be directed to various formats such as screen, paper, PDF, or Excel. Users can generate forecasts for future balances or pull historical data to meet audit needs. The software allows customization by permitting users to define eight fields, which can be utilized to categorize leases according to specific identifiers like bank, vendor, salesperson, note, or equipment type. Included in the features are trial balance reports that facilitate reconciliation with your general ledger by reflecting transactions within your selected date range. Each report provides detailed information, including the opening balance, activities for the current period, necessary adjustments, new business entries, and the final balance. Additionally, there are specialized trial balance reports available for various financial aspects, including lease receivable, residual receivable, income, residual income, initial direct costs, advance payments, security deposits, and associated fees. This extensive suite of reporting tools ensures that users can effectively monitor and manage their leasing operations.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
$1250.00/one-time
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
IRIS Software Group
Founded
1978
Country
United Kingdom
Website
www.iris.co.uk/products/iris-innervision/lease-accounting-software/
Vendor Details
Company Name
Better Programs
Founded
1985
Country
United States
Website
turbolease.com
Product Features
Lease Accounting
Amortization Schedule
Asset Management
Billing & Invoicing
Budgeting & Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management
Tax Management
Lease Management
Billing & Invoicing
Commercial Leases
Contact Management
Landlord Database
Lease Classification
Portfolio Management
Property Management
Residential Leases
Retail Leases
Sublease Management
Tenant Database
Product Features
Lease Management
Billing & Invoicing
Commercial Leases
Contact Management
Landlord Database
Lease Classification
Portfolio Management
Property Management
Residential Leases
Retail Leases
Sublease Management
Tenant Database