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  • Product Tour
    • First Column
      • Data Import / Export
      • Lease Agreement Data Management
      • Reports for IFRS 16 Presentation and Disclosures
      • Accounting for Lease Liability
      • Accounting for right of use asset
    • Second Column
      • Handling of Non-lease component
      • Managing Lease Modifications
      • Lease status management
      • Assessment of the Lease Term
      • Re-measurement
    • Third Column
      • Variable Leases
      • General Ledger integration
      • Sub-leases and Lease-in lease-out scenario
      • Parallel accounting under IAS 17 standard
      • Managing the multi-company businesses
  • Standards
    • IFRS 16 lease accounting software
    • ASC 842 lease accounting software
    • AASB 16 lease accounting software
  • Why choose us?
    • About us
    • Our team
    • Working with us
    • Meet our customers
    • References
  • Pricing
  • Resources
    • Blog
    • Events
    • Downloads
    • Roadmap
    • FAQ
  • Become partner
  • Contact Us
  • Try Free
    • Get free trial
    • Watch guided demo
    • Watch how to videos
    • Request a live demo

ASC 842 Lease Accounting Calculator

Get FREE Calculator for ASC 842 Lease Accounting

The new FASB’s accounting standard for Leases (Topic 842) brings big changes to the balance sheet, impacting all companies across all industries that have leases. To achieve compliance with ASC 842, companies will have to make significant effort to change their lease management processes and systems. The implementation of ASC 842 requires time, careful planning and execution. It will directly impact the financial performance, internal processes and even the value of the company, not just reporting and compliance. However, with the right system and expertise in place, ASC 842 compliance can be much easier. 

One of the most important steps is to understand the nuances of the new lease accounting standards as well as to have the estimate of possible impact on your financial statements. In order to do that, certified lease accounting experts from SOFT4 team designed a “sandbox” tool  – ASC 842 lease accounting calculator which you can use to perform your calculations. We used this calculator in testing our comprehensive lease accounting software package. Before this, the ASC 842 calculator was tested against calculation samples published by well-known consultancy companies (Deloitte, PWC, Ernst & Young). 

Download our free ASC 842 lease accounting calculator and calculate the accounting impact of leases under new lease accounting standard US GAAP (Topic 842).

NOTE: This Excel-based ASC 842 lease accounting calculator is suitable for companies that have up to 100 lease agreements. As we all know, even though Excel is a fantastic tool, the functionality of excel based calculator is limited. For greater lease portfolios or companies having complex lease agreements (e.g. variable leases, leases in foreign currency, etc.), we recommend considering a more sophisticated software solution. Like our Soft4Lessee, designed for companies with hundreds or thousands of operating leases. Our customers use Soft4Lessee to accelerate the implementation process and get ready for compliance right and on time. Simplify your transition and prepare financial statements in accordance with ASC 842. Try our lease accounting solution for free here.

Calculator




    • Product Tour
    • Accounting Standards
    • About Us
    • Pricing
    • Contact Us
    • Become partner
    © 2019 Soft4Lessee
    • Product Tour
      • Data Import / Export
      • Sub-leases and Lease-in lease-out scenario
      • Handling of Non-lease component
      • Assessment of the Lease Term
      • Reports for IFRS 16 Presentation and Disclosures
      • Lease Agreement Data Management
      • Accounting for Lease Liability
      • Managing Lease Modifications
      • Lessor management
      • Variable Leases
      • Accounting for right of use asset
      • Lease status management
      • Re-measurement
    • Accounting Standards
      • ASC 842 lease accounting software
      • IFRS 16 lease accounting software
      • AASB 16 lease accounting software
    • Pricing
    • Why choose us?
      • About Us
      • Our Team
      • Working with us
      • Meet Our Customers
      • Become a partner
      • References
    • Resources
      • Blog
      • Downloads
      • Roadmap
      • Events
      • FAQ
    • Contact Us
    • Try Free
      • Get free trial
      • Watch guided demo
      • Request a live demo
    Soft4Lessee
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