MILWAUKEE, July 23, 2020 /PRNewswire-PRWeb/ -- LeaseCrunch, the only lease accounting software made by former CPA firm auditors for CPA firm auditors, today announced the addition of GASB 87 functionality to its acclaimed lease accounting software program.
"We are pleased to announce the addition of GASB 87 functionality to our existing LeaseCrunch software program," said Ane Ohm, CEO of LeaseCrunch. "And while GASB recently delayed the implementation date for the standard due to COVID-19, history shows us that successful implementations for new accounting standards start early."
LeaseCrunch simplifies the complex with worry-free calculations and step-by-step wizards. Easily generate journal entries, quantitative footnote disclosures, a full amortization schedule, and more with the push of a button. Plus, quickly manage lessee accounting for entities.
"LeaseCrunch users are able to present their clients with an affordable and scalable solution, priced by the number of leases," continued Ohm. "Allow your CPAs to manage your firm's entire portfolio efficiently in one unified interface, that can be branded to match your CPA firm."
For more information on LeaseCrunch GASB87 functionality, go to https://www.leasecrunch.com/streamline-lease-accounting-maintenance-for-gasb-87-with-leasecrunch
About LeaseCrunch
Named by Accounting Today as one of the top new products of 2019, LeaseCrunch provides cloud-based lease accounting software for CPA firms, designed to help organizations implement the new lease accounting standards, ASC 842, GASB 87, and IFRS 16. Designed by CPAs, former Big 4 public accounting auditors, software development veterans and a former member of the FASB staff, the application offers an easy-to-use customer interface that delivers "audit in a box" lease accounting services, reducing the time it takes clients to prepare for an audit. LeaseCrunch allows companies to identify policy elections for the leasing standard through templates for both US GAAP and IFRS. For more information go to: http://www.LeaseCrunch.com
SOURCE LeaseCrunch
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