FASB New Leasing Standards
Stay in compliance with the FASB new leasing standards by utilizing the services and solutions from Visual Lease. We provide clients of all industries with a digital platform that streamlines their lease management and accounting processes.
With major lease accounting changes on the horizon, you can prepare to comply with FASB ASC 842 while maintaining compliance with the FASB ASC 840, all through our cutting-edge software.
Are you ready for the FASB leasing rule changes?
If you and your team feel woefully behind in this process, you are certainly not alone. Many businesses find themselves facing a mountain of spreadsheets and paper documents and really have no idea how to extract the accounting information they’re going to need.
With Visual Lease, you are able to migrate all of that data to one, centralized platform that can serve as the one source of truth for all lease data. And, thanks to our FASB ASC 842 Module, you can remain in compliance following the FASB new accounting updates.
Our team of lease experts is ready to help you
We want you to not just have access to our cutting-edge software — we want you to fully leverage its benefits to help you satisfy the FASB new leasing standards. That means you can team up with a member of our staff to take care of such important to-do items as:
- Abstract data from lease documents
- Classify leases through our automated lease test
- Perform automated calculations
- Send journal entries to your existing GL system
- And more
The team behind our software is what makes Visual Lease truly the most effective resource for FASB leasing rule changes. Our software and services have been certified by the Big 4 accounting firms and it’s easy to see that we treat client care as the top priority in all that we do.
Get on the road to satisfying FASB new leasing standards by connecting with Visual Lease. We can provide you with a demo of our software.