LeaseAccelerator and our partners offer a variety of professional and technical services to support your lease accounting programs. We can help to accelerate your Day One compliance project with data collection, software configuration, ERP integration, training and certification services. For Day Two and beyond, LeaseAccelerator and our partners can support your leasing program’s record-to-report, acquire-to-dispose and procure-to-pay processes with various outsourcing offerings.

Technical Support

Call, click or email us for help with technical or accounting issues using one of our multiple support channels:

  • DIY Self-Service – Access our library of online training and documentation resources including “How To” videos, FAQs and user community forums.
  • Phone Support – 24×7 call center support to help with common issues such as resetting your password, configuring new reports or using our APIs.
  • Web Support – Enter trouble tickets online then check on the status as our team performs troubleshooting and resolution.

Training and Certification

We offer live classroom style and on demand web-based training programs on topics such as:

  • Lease Data Collection – How to abstract and collect all your leasing data. How to structure and load the data into the LeaseAccelerator application.
  • Software Configuration – How to setup user roles and privileges. How to configure accounting policy elections in the system.
  • Lease Accounting – How to record and classify new leases in the system. How to perform reassessments and modifications. How to close the books and generate financial reports.
  • Lease Management – How to manage real estate and equipment leases throughout their lifecycle. How to manage end of term decisions, notifications and recordations.

ERP and Financial Systems Integration

Our professional services can enable your team to integrate LeaseAccelerator with your other financial systems including:

  • General Ledger – Automate the upload of debits and credits to your ERP to support the monthly close and other financial reporting activities.
  • Accounts Payable – Synchronize the expected payments calculated by LeaseAccelerator with the actual invoices and disbursements from your AP system.
  • Real Estate – Feed information about new leases, CAMs charges, tenant improvements and renewals automatically from your real estate administration system.

Data Abstraction and Collection

Our certified implementation partners can perform all the heavy lifting activities required to collect your leasing data:

  • Data Abstraction – Capturing the necessary payment, term and end of lease options from master lease agreements and schedules.
  • Data Cleansing – Researching missing data or inconsistencies in data sourced from multiple systems.
  • Data Upload – Structuring data in the necessary formats for bulk upload into the LeaseAccelerator application.

Software Configuration and Testing

Our certified implementation partners can perform all the heavy lifting associated with

  • Master Data – Configuring the chart of accounts, policy thresholds and practical expedients.
  • Financial Variables – Inputting incremental borrowing rates, depreciation schedules, economic lives and tax rates.
  • Test Planning – Designing a set of use cases and sample data to test a diverse range of leases.
  • Test Execution – Ensuring the accuracy of accounting calculations and reporting outputs.

Record-to-Report

Following the initial implementation project, our partners can support your on-going needs with:

  • Throughout the Lease Lifecycle – Day-to-day accounting including the initial lease classification, monthly rent expenses, and end-of-term recordation.
  • Exception Processing – Prior period adjustments, catch-up entries and other reconciliation activities needed for monthly close.
  • Reporting and Disclosures – Producing the journal entries, amortization schedules and maturity analyses needed for quarter end or annual filings.

Learn More about Enterprise Lease Accounting

White Papers, Handbooks, and Research Studies

Transition Accounting eBook

Transition Accounting eBook

| Accounting, Guides | No Comments
With the deadlines for the new lease accounting standards approaching quickly, many companies are asking how software can help automate the tasks required for the transition period. US GAAP filers…
Asset Level Lease Accounting White Paper

Asset Level Lease Accounting White Paper

| Accounting, White Papers | No Comments
Learn the differences between contract-level and asset-level lease accounting in this technical white paper. Review examples of the impact of asset-level decisions, judgments, and events for material handling, data center,…
Lease Accounting Cost Savings

Lease Accounting Cost Savings eBook

| Accounting, White Papers | No Comments
Considering lease accounting software to comply with the new FASB or IFRS standards? Download this eBook to understand the potential time and cost savings opportunities resulting from automation of lease…

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