Have leases but Not on netsuite?
No problem. Netgain's Netlease Management Tool is cloud-based, all you need is a login. Simply Input your leases, then instantly get all of the required journal entries, amortization schedules, and disclosure reports to help you operationalize compliance with ASC 842 and IFRS 16.
Lease accounting Lifecycle
See requirements for each step (click image to enlarge)
Your Lease solution is Ready
Key Netlease Capabilities
Compliant with IFRS 16 and FASB ASC 842 requirements for lessee accounting
Supports lease reporting & decision making throughout the entire lease lifecycle
Push-button reporting for both FASB and IFRS 10-K disclosures
Full lease automation
Manage lease modifications
Store and access key details and documents for each lease record
superior benefits for small or large companies alike
100% drill-down capability
Direct links between Lease Liabilities and ROU Assets
Never miss a key date
Capture financial & non-financial data
When do you need to be compliant?
Jan 1, 2020
Effective Date of ASC 842
(all other companies)
Jan 13, 2016
Feb 25, 2016
Jan 1, 2019
Effective Date for IFRS 16
& ASC 842
(public companies only)
Higher Value, Lower Cost
Value solution covering policy, data collection & review, and technology
Time, Productivity, and Resource Savings
Fast and Simple
Complete Historical Details
Practical Expedient Options
Confidence in Compliance
Modification & Early Termination
Reporting & Audit Trails
The value Netgain brings
WE HAVE BEEN IN YOUR SHOES
We have spent decades closing the books and improving day to day processes in NetSuite.
WE UNDERSTAND HOW TO OPERATIONALIZE ACCOUNTING
At our core, we are accountants focused on simplifying, standardizing, and automating solutions with a focus on controls and auditability.
We are committed to integrity and ensuring we meet your needs and deliver the value you expect.