General Inquiries

Lease Accounting software recommendations

  • 1.  Lease Accounting software recommendations

    Posted 4 days ago
    I have a client with an extensive number of lease agreements, can anyone recommend a software package for the new lease accounting standard?

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    Tamra Hamade
    Senior Manager

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  • 2.  RE: Lease Accounting software recommendations

    Posted 3 days ago
    Tamra,

    We use Vista by Viewpoint.  It has a built-in Equipment module, with asset management.  I made a couple small alterations to the depreciation table so it handles lease interest and amortization very easily.  Then I just made an excel spreadsheet to pull the data into a rec for month end.  If your client uses Vista, I could send a summary of the changes and the SQL I used for the interest and amortization.

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    Scott Luman
    Cfo
    Freestate Electric Company
    Laurel MD
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  • 3.  RE: Lease Accounting software recommendations

    Posted 17 hours ago
    Scott, We are on Vista and would be interested in using it for the leasing changes.  Would you mind sharing your summary please?

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    Sheila McGuire Masters of Accounting
    CFO
    Hutton Corporation
    Wichita KS
    (316) 942-8855
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