AMTdirect Description

AMTdirect is widely recognized as the leading solution for lease administration and accounting, specifically tailored to ensure compliance with FASB 842. Aimed at portfolios with fifty or more locations, AMTdirect strives to resolve the everyday challenges encountered by professionals in corporate real estate. The platform enables users to manage a comprehensive inventory of their properties, locations, lease agreements, related expenses, revenues, and documents in a single, accessible interface. Furthermore, for lessee accounting, it facilitates compliance with ASC 842, IFRS 16, and GASB 87 for lease receivables that are connected to a head-lease payable, accommodating both third-party and intercompany subtenants. Additionally, the lease-level accounting feature provides a detailed audit trail for each lease, including all balance sheet calculations such as amortization, opening and closing liabilities, interest, and depreciation for each accounting period in accordance with the company's specific accounting calendar. This holistic approach not only simplifies lease management but also enhances transparency and accuracy in financial reporting.

Pricing

Free Version:
Yes
Free Trial:
Yes

Integrations

Reviews

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Company Details

Company:
MRI Software
Year Founded:
1971
Headquarters:
United States
Website:
www.mrisoftware.com/solutions/lease-accounting-software/

Media

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Product Details

Platforms
Web-Based
Types of Training
Training Docs
Live Training (Online)
Webinars
In Person
Customer Support
Business Hours
Live Rep (24/7)
Online Support

AMTdirect Features and Options

Lease Accounting Software

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

AMTdirect User Reviews

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