Lease Accounting

Help to classify your leases under the new FASB guidelines

Your CFO is about to become extremely interested in your lease obligations. Be ready.

Financial regulations and compliance is the top of mind for financial executives across the globe and your lease obligations can represent a significant liability for your organization. You need to analyze your lease portfolio and classify your leases under the new FASB guidelines and you need to pay your rent and expense obligations. Lease Accounting helps you do both. It easily handles your most complex rent calculations including percentage rent and can even manage your subleases if you have them.

Lease Accounting is a powerful financial tool that can make you a hero to your CFO. Everyone loves a hero.

Did you know?

Lease Accounting is included in the Lucernex Enterprise collection and the Lucernex OneClick collection.

Key Capabilities

  • Client-definable financial periods
  • 13 period accounting
  • Rent and expense forecasting
  • Rent and expense payments
  • Rent and expenses approval
  • Straight line rent calculation and journal entry
  • Common area maintenance reconciliation
  • Expense reconciliation
  • Percentage rent calculations
  • Percentage rent accrual calculations and journal entry
  • New FASB capital test
  • Subleases including receivables
  • One-time charges and manual check requests
  • Construction allowance and tenant improvement contributions 

gantt chart software

All of our modules are a part of our fully integrated cloud based solution. In addition to being a single source of the truth for all your real estate information, it includes the following key capabilities:

  • Document management
  • Schedule management
  • Budget management
  • Document binders
  • Configurable dashboards
  • Report builder
  • Workflow builder
  • Environment personalization
  • Full internationalization
  • Security & authentication management
  • Mobile access on smartphones & tablets

Want to learn more? We're ready to answer your questions.

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Lucernex
PH: 972.403.7100
6509 Windcrest Drive, Suite 100
Plano, TX 75024