leasequery benefits with screenshots 2017

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  • SUMMARY OF BENEFITS

    [email protected] 1 800 880 7270 www.leasequery.com

  • EASE OF USEYour Problem: Understanding everything quickly and easily you need to do in Lease Accounting and Management software to get what you need.

    Our Solution: LeaseQuery provides an easy to use dashboard as a home page showing everything you need at a glance along with quick navigation to the information you are looking for.

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  • WORKS WITH ALL ASSET TYPESYour Problem: You have to use different systems and excel spread-sheets to manage and do accounting for equipment and real estate leases.

    Our Solution: LeaseQuery is asset agnostic. It works for both real estate and equipment leases.

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  • LEASE ACCOUNTING RULESYour Problem: You have no idea how the new rules will affect your lease portfolio or how you will implement the changes.

    Our Solution: LeaseQuery is fully compliant for both current lease accounting rules and the newly proposed rules issued by both the FASB and IASB. You can also do an analysis to see what your new liabilities will be under the new lease rules for total organization or by each lease.

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  • AMORTIZATION SCHEDULESYour Problem: You have trouble calculating amortization schedules for operating leases (straight-line amortization), capital leases (effec-tive yield amortization) and TI allowances using spreadsheets.

    Our Solution: LeaseQuery provides the amortization schedules per GAAP for all your leases (capital, operating, equipment and real estate) to produce your journal entries, including TI allowance, long term and short term deferred rent balances each period.

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  • JOURNAL ENTRIESYour Problem: Journal Entries are inaccurate, resulting in auditcomments.

    Our Solution: LeaseQuery instantly generates error-free lease journal entries for posting. You can even see these by organization-al or business unit under the new lease rules.

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  • ALERTS FOR CRITICAL DATESYour Problem: Renewal dates or purchase options are missed, resulting in higher expenses.

    Our Solution: LeaseQuery distributes email alerts to key individu-als as the critical dates (renewal notifications, expirations, etc) approach in addition to the critical dates section displayed on the dashboard showing both calendar and list format up to 360 days

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  • Critical Date Calendar from Dashboard

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  • SEGREGATION OF DUTIESYour Problem: There is no way to ensure that your listing of leases is complete. There is no centralized lease process, resulting in a lack of accountability.

    Our Solution: LeaseQuery documents each step in the lease man-agement process: who signed it, entered it, approved it, modified it or deleted it.

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  • DOCUMENT STORAGEYour Problem: You have difficulty locating the last executed ver-sion of lease contracts or amendments.

    Our Solution: LeaseQuery can be tailored so that no lease is com-plete without an uploaded version of the signed document.

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  • ROBUST REPORTSYour Problem: You have difficulty preparing your commitments disclosure and other reports.

    Our Solution: LeaseQuery gives you the ability to make unlimited reports with its simple but powerful lease reporting studio. Below are some of our standard reports and an example a custom report of leases expiring with the termination option comments from the lease document along with the security deposit amount.

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