When discussing financial statements, most people think about the two most common ones: the Income Statement (or Profit and Loss Statement) and the Balance Sheet. These two are fundamental in…
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The Visual Lease blog
You did it! You made the smart decision to purchase a lease accounting solution to help you ensure compliance with the latest accounting guidelines and reporting requirements. Now comes the…
Accretion is a term often used in various industries, including finance, but it can sometimes be misunderstood or oversimplified. In its simplest form, accretion refers to the process of gradually…
Integrated Workplace Management Systems (IWMS) originated as a comprehensive solution for managing corporate real estate and facilities. Since its identification in 2003, IWMS has encompassed four key components: Real Estate…
What is the Incremental Borrowing Rate? Among the many different calculations used in lease accounting, the incremental borrowing rate may be one of the most misunderstood. Theincremental borrowing rate (IBR)is…
We are pleased to announce that Kathryn Eskandarian, Visual Lease’s Chief Financial Officer, has been named a finalist in the 21st annual Stevie® Awards. Kathryn is being recognized in the…
Adopting a new enterprise software tool can pose significant challenges, and given the timeline, there’s very little margin for error. You need things to go smoothly or risk not being...
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Lease audit procedures are necessary for an efficient, successful audit. At their core, lease audit procedures ensure your organization has controlled processes in place to support its financial reports. Having...
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Let’s be clear: lease accounting software can’t recommend which decisions you should make. But it can provide the tools to help you test different scenarios without affecting your live data….
In today’s fast-paced business landscape, small and mid-sized businesses (SMBs) face numerous challenges in managing their financial operations efficiently. As a business owner, you may be wondering “Do I need…
