CoStar Lease Accounting Description
CoStar's lease accounting software is trusted by more accounting firms and service providers. It allows you to manage and report on real property and equipment in compliance with the new ASC 842/IFRS 16 guidance. No one offers a better, more tested software solution for ASC842 and IFRS 16 than CoStar. CoStar integrates easily with the most popular ERP, accounting, and reconciliation systems to simplify financial reporting, rent payments and month-end close. By avoiding Excel calculations, comprehensive standard, ad-hoc and custom reports can save hours. CoStar provides standard reporting for any portfolio or business unit, as well as calendar periods and currencies. CoStar supports 700+ system integrations. Access CoStar's top commercial real estate data through our lease accounting app to assist with fair market valuations.