ASC 842 lease
accounting calculator
Fill out the contact form below to get your ASC 842 lease accounting calculator.
The FASB’s accounting standard for leases (Topic 842) has brought significant changes to the balance sheet, impacting companies across all industries that have leases.
To achieve compliance with ASC 842, businesses have had to make significant efforts to change their lease management processes and systems. The implementation of ASC 842 has required time, careful planning, and execution. It has directly impacted financial performance, internal processes, and even company valuations, not just reporting and compliance. However, with the right system and expertise in place, ASC 842 compliance has become much more manageable.
We're here to help
One of the most important steps has been understanding the nuances of the lease accounting standards and estimating the possible impact on financial statements. To help with this, lease accounting experts from the SOFT4Lessee team designed a “starter” tool – the ASC 842 lease accounting calculator built on Excel. It is ideal for companies with just a few leases or those not ready to invest in lease accounting software yet.
The ASC 842 calculator was tested against sample scenarios published by well-known consultancy companies such as Deloitte, PwC, and Ernst & Young. It allows you to calculate the accounting impact of leases under the lease accounting standard US GAAP (Topic 842).
Looking for a free ASC 842 lease accounting calculator? We’ve created an Excel’lent tool that’s worth the modest one-time investment. Fill out the contact form below to get your ASC 842 lease accounting calculator.
NOTE: This Excel-based ASC 842 lease accounting calculator is suitable for companies with up to 100 lease agreements. As we all know, even though Excel is a fantastic tool, its functionality is limited.
For larger lease portfolios or companies with complex lease agreements (e.g., variable leases, leases in foreign currency, etc.), we recommend considering more sophisticated software, like SOFT4Lessee, designed for companies with hundreds or thousands of leases. Register for a FREE consultation to find out if it fits your company’s needs.
ASC 842 lease
accounting calculator
Fill out the contact form below to get your ASC 842 lease accounting calculator.
The FASB’s accounting standard for leases (Topic 842) has brought significant changes to the balance sheet, impacting companies across all industries that have leases.
To achieve compliance with ASC 842, businesses have had to make significant efforts to change their lease management processes and systems. The implementation of ASC 842 has required time, careful planning, and execution. It has directly impacted financial performance, internal processes, and even company valuations, not just reporting and compliance. However, with the right system and expertise in place, ASC 842 compliance has become much more manageable.
We're here to help
One of the most important steps has been understanding the nuances of the lease accounting standards and estimating the possible impact on financial statements. To help with this, lease accounting experts from the SOFT4Lessee team designed a “starter” tool – the ASC 842 lease accounting calculator built on Excel. It is ideal for companies with just a few leases or those not ready to invest in lease accounting software yet.
The ASC 842 calculator was tested against sample scenarios published by well-known consultancy companies such as Deloitte, PwC, and Ernst & Young. It allows you to calculate the accounting impact of leases under the lease accounting standard US GAAP (Topic 842).
Looking for a free ASC 842 lease accounting calculator? We’ve created an Excel’lent tool that’s worth the modest one-time investment. Fill out the contact form below to get your ASC 842 lease accounting calculator.
NOTE: This Excel-based ASC 842 lease accounting calculator is suitable for companies with up to 100 lease agreements. As we all know, even though Excel is a fantastic tool, its functionality is limited.
For larger lease portfolios or companies with complex lease agreements (e.g., variable leases, leases in foreign currency, etc.), we recommend considering more sophisticated software, like SOFT4Lessee, designed for companies with hundreds or thousands of leases. Register for a FREE consultation to find out if it fits your company’s needs.
Get your Excel-based calculator
Fill out the form below, and receive your Excel calculator for ASC 842 lease accounting.
Get your Excel-based calculator
Fill out the form below, and receive your Excel calculator for ASC 842 lease accounting.