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Lease Accounting Basics – New Records

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COURSE ID

16 B

COURSE DESCRIPTION

This course is designed to cover the basics behind building accounting calculations in Visual Lease’s Lease Accounting Module. Our goal is to ensure you have what you need to gain compliance with the newest accounting standards published by FASB, IASB and GASB. By the end of this course, learners will know about the various inputs of a lease accounting calculation and how to create a lease schedule from these inputs.

 

COURSE MATERIALS

Course Features

  • Lectures 1
  • Quizzes 1
  • Duration 18:58
  • Students 0
  • Assessments Yes
William Harter

Subject Matter Expert, Lease Accounting

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Welcome to Training with Visual Lease.  This course is designed to provide you with an overview of Visual Lease so that you can understand its capabilities and leverage them to meet your lease management needs.

By the end of the course, you will understand the purpose and value of different features throughout the platform and be prepared to navigate the system in order to find the functionality most relevant to your role.

Let’s look at an individual lease record, since lease records are the foundation of your Visual Lease platform.  Using the Recently Opened window on the right side of the Lease Dashboard, I’ll click on this blue hyperlink, which will bring me directly to this lease record.

Before we explore the record, I would like to point out that on all screens other than the Dashboard, you will be able to access your recently opened list on the right side of the screen using this slide in menu.