Oracle Lease Accounting Solution
A Single Sub Ledger for all your Enterprise Leases
Multiple General Ledgers
Do you run more than one instance of Oracle? No problem. Our Oracle lease accounting solution can intelligently route and post journal entries to multiple general ledgers.
IFRS and US GAAP
Do you need to file disclosures in both the US and international markets? Our Oracle lease accounting solution supports both ASC 842 and IFRS 16. We also support the current standards – ASC 840 and IAS 17.
Oracle and other ERP Applications
Still consolidating your ERP instances onto Oracle? No problem. Our Oracle lease accounting solution works with SAP, Microsoft, NetSuite, and other popular ERP applications.
Both Real Estate and Equipment
Do you lease both real estate and equipment? No need to buy two separate applications. Our Oracle lease accounting solution will track all of your buildings, computers, vehicles, and other assets in a single sub ledger.
Integrate with Your Oracle Financial Systems
LeaseAccelerator’s Oracle Lease Accounting Solution
Upload debits and credits to one or more Oracle general ledger. Get confirmations of which transactions were posted and which failed.
Fixed Asset Management
Synchronize leased plant, property, and equipment inventories to your Oracle fixed asset management systems. Publish depreciation expenses for right-of-use assets.
Publish expected invoice charges for leases to your Oracle AP applications. Download actual invoiced expenses and disbursements to your leasing subledger.
Master Data Management
Publish location, employee, and vendor master data from Oracle’s MDM to your lease accounting software. Keep financial variables such as foreign exchange and GL codes in sync.