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.

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Lease accounting pulse check: How two healthcare organizations successfully transitioned to ASC 842

| Lease Accounting, Lease Management | No Comments
Lease accounting (ASC 842, IFRS 16 or GASB 87) is not your average one-and-done disclosure. This whole new approach to accounting requires you to account for lease changes throughout the year with a higher level of scrutiny.   A…

Leasehold improvements: What you need to know for ASC 842

| Lease Accounting, Lease Management | No Comments
As you navigate the complexities of ASC 842 compliance, you may be wondering how and when to account for leasehold improvements. What are leasehold improvements? From an accounting standpoint, leasehold…

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| Lease Accounting, Lease Management | No Comments
Among the many different calculations used in lease accounting, the incremental borrowing rate may be one of the most misunderstood. The incremental borrowing rate (IBR) is the interest rate a lessee would…
Deferred Rent

Deferred rent accounting 101 for ASC 842 and ASC 840

| Lease Accounting, Lease Management | No Comments
In lease accounting, deferred rent happens when the cash rental payment varies from its expense recognized on the financial statements and occurs when the tenant is provided free rent in one or more periods, or if there are…