Accounting for every lease

Your leases, right where you can see them.

Whether your lease portfolio consists of equipment, real estate or other types of leases, Visual Lease is the premier way to view and track your leases with ease.

Equipment

Track any record and data point associated within equipment leases, including assets like a fleet of vehicles or a group of computers.

Real estate

Streamline the way you capture the terms of a lease for exclusive rights to use a physical space, including properties such as office location(s).

Embedded

Often located within contracts, Visual Lease makes it easy to track complicated data points commonly found within embedded leases.

Other

Some unique leases may not fit into typical equipment or real estate categories, e.g. billboards or cell towers; however, Visual Lease can fully support any type of lease data you need.

Related articles

Asset retirement obligation under ASC 842, IFRS 16 and GASB 87

| Lease Accounting, Lease Administration, Lease Management | No Comments
If you have signed an operating lease for space, built leasehold improvements, and determined that you are legally required to take out the leasehold improvement when the lease expires, then…
Lease Accounting

How to Create a Lease Amortization Schedule: A Comprehensive Guide

| Lease Accounting, Lease Administration, Lease Management | No Comments
When it comes to managing leases and financial obligations, understanding how to calculate a lease amortization schedule is crucial. This schedule not only helps you keep track of payment timing…
Lease Administration

Lessee vs. Tenant: What’s the Difference?

| Lease Accounting, Lease Administration, Lease Management | No Comments
When it comes to real estate and leasing agreements, terms can sometimes get a bit muddled. One such pair of terms that often find themselves used interchangeably are "lessee" and…

Understanding Prepaid Rent for ASC 842: What You Need to Know

| Lease Accounting, Lease Administration, Lease Management | No Comments
What is prepaid rent?  Prepaid rent refers to lease payments made in advance for a future period. It represents a ROU asset on the company's balance sheet, as the prepayment…