TURBO-Lease
TURBO-Lease™ offers a robust solution for lessor accounting, efficiently managing both equipment and vehicle lease portfolios. Compliant with ASC842, it accommodates various lease types and provides over 80 customizable reports. Users can easily generate historical and forecasting reports, facilitating precise financial tracking and auditing to enhance decision-making.
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Top TURBO-Lease Features
- ASC842 compliance
- Direct finance lease support
- Sales type lease integration
- Operating lease management
- Over 80 standard reports
- Multiple output formats
- Customizable reporting fields
- User-defined grouping options
- Historical data reporting
- Future balance forecasting
- Trial balance reports
- Lease receivable tracking
- Residual receivable monitoring
- Income and expense adjustments
- Initial direct cost tracking
- Advance payment management
- Security deposit handling
- Fee assessment capabilities
- GL balancing assistance
- Comprehensive audit trail.
