CoStar Lease Accounting
CoStar Lease Accounting empowers lease accountants to navigate the complexities of ASC 842 and IFRS 16 with confidence. It streamlines processes through advanced automation, minimizing manual errors and enhancing audit readiness. Users can effortlessly manage real estate and equipment leases, with robust security and seamless ERP integrations ensuring timely, accurate financial reporting.
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Top CoStar Lease Accounting Features
- Automated lease data management
- Real-time audit readiness
- Advanced compliance support
- Multiple lease amortization schedules
- Integrated ERP connectivity
- Continuous data monitoring alerts
- Customizable user-defined dashboards
- Bulk lease data handling
- Seamless vendor and AP integration
- Retrospective adjustment capability
- Enhanced security profiles
- Flexible payment processing options
- Period-end close automation
- Detailed disclosure reporting
- Multi-currency support
- Comprehensive lease classification tests
- User-friendly ad-hoc reporting
- Lease modification tracking
- Single sign-on (SSO) functionality
- High-volume transaction support
