AssetAccountant

Here is a basic explanation of the difference between these two lease reports available to you in AssetAccountant™: HP/Lease Finance Balances (Gross Lia...

You may find the situation that you take delivery of an asset on a particular date, and the depreciation starts on that date, however because of a delayed t...

The accrued interest is the interest to the date of the report that's calculated as accrued to the end of the month but won't be paid until the next...

For leased assets in AssetAccountant it is possible to accommodate increasing interest rates during the life of the lease. E.g. after year 1, if the interes...

Yes, you can use AssetAccountant's lease functionality to track loan values. We suggest separating them into their own Asset Group so they would pos...

AssetAccountant can handle yearly or CPI interest rate increases and generate a payment schedule to include these changes each year. To enable rate incr...

For an Australian lease, if you have the situation where the entire cost of the lease can be claimed on GST, when using AssetAccountant, should you deduct G...

Lease accounting and the GL journals created can sometimes be difficult to understand. Your entries into AssetAccountant will have lease liability, move...

How is the “Amount Financed” calculated for right-of-use leases in AssetAccountant? AssetAccountant software uses a net present value method (XIRR) for ...

This is a situation why you may have a left-over balance in your clearing account after generating a lease schedule and a journal. Once you've gener...