Topic Thread

Lease Accounting software recommendations

  • 1.  Lease Accounting software recommendations

    Posted 5 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 4 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 yesterday
    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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