• ILeasePro ASC 842 Lease Accounting Solution

    Simplifying the transition to the FASB ASC 842 Lease Accounting Standard

  • iLeasePro is an intuitive, cost-effective, and accurate cloud solution that simplifies the transition to and adoption of the ASC 842 Lease Accounting standard changes.

    iLeasePro is a Sage Intacct Marketplace partner and offers a fully integrated lease accounting experience with Sage Intacct to provide you with the accounting required for the ASC 842 Lease Accounting Standard compliance.

    Key Benefits:
    Fully Integrated with Sage Intacct General Ledger, Dimensions and Payables for seamless synchronization across both solutions

    ASC 842 Lease Accounting

    • Automatically create ASC 840 Adjustment Initial Journal Entries for the transition
    • Automatically create ASC 842 Initial Journal Entries
    • Setup Individual Leases according to ASC 842 Standard Requirements
    • Generate Amortization Schedule for a lease or the entire portfolio
    • Generate ASC 842 compliant journal entries
    • Download Sage Intacct Dimensions and link to each lease 
    • Upload Journal Entries into the Sage Intacct General Ledger
    • ASC 842 Financial Reporting Disclosure Reports
    • Upload lease rent payments and variable payments to Sage Intacct AP Bill module

    Lease Management
    • Secured User Access
    • Portfolio Dashboard
    • Portfolio Management
    • Comprehensive Lease Abstracting
    • Critical Date Tracking with Email Notifications
    • Rent And Rent Step Escalations
    • Payments
    • Document Management
    • Contact Management
    • Over 50 Activity & Management Reports

    Lease Analysis
    • Cash Flow Analysis
    • Comparative Lease Analysis
    • Analytics Reporting

    Pricing starts at $99/mo for iLeaseXpress and $290/mo for iLeaseProGuaranteed to be the most cost-effective lease accounting solution. We will beat any price!

    You can take a video tour of iLeasePro or schedule some time on our online demo calendar to see how iLeasePro can help you and your firm comply to the ASC 842 Standard.

    System Requirements:
    To enable the integration, Sage Intacct users are NOT required to purchase: Sage Intacct Web Services - Developer License

    Paid Application - email for pricing details

    Integration Approved Countries:
    United States;

    iLeasePro is fully integrated with Intacct to allow its users the ability to download and link Intacct Dimensions to your leases, automatically create the required Right to Use and Lease Liability journal entries for the ASC 842 changes with Dimensions and seamlessly upload the journal entries into your Sage Intacct General Ledger.  iLeasePro also automatically creates monthly rent payments and variable payments that can be uploaded into your Sage Intacct AP Bill module.    

    iLeasePro Simplifies the adoption and transition to the ASC 842 Lease Accounting Compliance with features like;

    • Day 1 automatically build ASC 840 Adjustment Journal Entries
    • Setup Individual Leases According to the ASC 842 standard requirements
    • Generate exportable Amortization Schedule and ASC 842 Compliant Journal Entries for a lease or the entire portfolio of leases
    • Automated Journal Entries for Variable Payments and Operating Sublease
    • ASC 842 Financial Reporting Disclosure reports                                                         

    Phone: (888) 351-4606
    Website: http://ileasepro.com
    Year Founded: 2012
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