Black Owl

Black Owl

Black Owl Systems
Leasevana

Leasevana

Wicked System Studio
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About

Black Owl Systems offers advanced lease accounting software that streamlines lease management and ensures compliance with FASB ASC 842, IASB IFRS 16, and ASPE Section 3065. It features automated calculations, multi-currency support, comprehensive lease tracking, and robust reporting tools, enhancing efficiency and compliance. Key Features of Black Owl Systems software -Streamlines lease accounting, significantly reducing staff involvement. -Supports FASB ASC 842, IASB IFRS 16, and ASPE Section 3065 standards. -Automates calculations and postings with auditable journal entries. -Provides compliance with US GAAP, IFRS, and ASPE accounting standards. -Features multi-currency support with daily rate imports and month-end calculations. -Allows allocation of lease costs to multiple centers, ventures, and objects. Offers reliable audit trails for each lease change and full visibility of journal entries. -Supports multiple companies and coding structures for multi-entity managemen

About

Leasevana is an offline Windows desktop application for IFRS 16 lease accounting, designed for corporate finance teams and lessees. It calculates right-of-use (ROU) assets and lease liabilities from lease terms, and produces amortization and depreciation schedules. Finance users can update schedules for renewals, extensions, early terminations and changes in consideration, and track incremental borrowing rates and weighted-average discount rates for new leases and reassessments. The software also supports IFRS 16 disclosure reporting and includes an optional PDF lease abstraction feature that can use a Google Gemini API key supplied by the user to extract dates, options and payment amounts. Leasevana runs locally on Windows, with no mandatory cloud storage or external database. It is available as a free download from the Microsoft Store; the vendor recommends that users have results reviewed by a qualified professional.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Supported
Mac Not Supported
Linux Not Supported
Cloud Not Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Finance teams, accountants, large businesses, small businesses

Audience

Accountants and finance teams managing IFRS 16 leases.

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

Free
Free download and use.
Free Version Supported
Free Trial Not Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Supported

Training

Documentation Not Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

Black Owl Systems
Founded: 2019
Canada
www.blackowlsystems.com

Company Information

Wicked System Studio
wickedsystemstudio.com/leasevana.html

Alternatives

Alternatives

iLeasePro

iLeasePro

iLease Management LLC
Leasecat

Leasecat

Catsoft
iLeasePro

iLeasePro

iLease Management LLC
LeaseAccounting.app

LeaseAccounting.app

ZenTreasury Ltd

Categories

Lease Accounting Supported
Lease Management Supported

Categories

Lease Accounting Supported

Lease Accounting Features

Amortization Schedule Supported
Asset Management Not Supported
Billing & Invoicing Not Supported
Budgeting & Forecasting Supported
Capitalization Reporting Supported
Critical Date Alerts Supported
Expense Tracking Supported
For Equipment Leases Supported
For Real Estate Supported
Payment Tracking Not Supported
Portfolio Management Supported
Tax Management Not Supported

Lease Management Features

Billing & Invoicing Not Supported
Commercial Leases Not Supported
Contact Management Not Supported
Landlord Database Not Supported
Lease Classification Not Supported
Portfolio Management Supported
Property Management Not Supported
Residential Leases Not Supported
Retail Leases Not Supported
Sublease Management Not Supported
Tenant Database Not Supported

Integrations

Gemini Not Supported

Integrations

Gemini Supported
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Claim Black Owl and update features and information
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Claim Leasevana and update features and information