Black OwlBlack Owl Systems
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LeasevanaWicked System Studio
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Related Products
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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
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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.
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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
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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
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Audience
Finance teams, accountants, large businesses, small businesses
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Audience
Accountants and finance teams managing IFRS 16 leases.
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Support
Phone Support
Supported
24/7 Live Support
Not Supported
Online
Supported
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Support
Phone Support
Not Supported
24/7 Live Support
Not Supported
Online
Supported
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API
Offers API
Not Supported
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API
Offers API
Not Supported
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Screenshots and Videos |
Screenshots and Videos |
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Pricing
No information available.
Free Version
Not Supported
Free Trial
Not Supported
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Pricing
Free
Free download and use.
Free Version
Supported
Free Trial
Not Supported
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Reviews/
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Reviews/
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Training
Documentation
Supported
Webinars
Not Supported
Live Online
Supported
In Person
Supported
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Training
Documentation
Not Supported
Webinars
Not Supported
Live Online
Not Supported
In Person
Not Supported
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Company InformationBlack Owl Systems
Founded: 2019
Canada
www.blackowlsystems.com
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Company InformationWicked System Studio
wickedsystemstudio.com/leasevana.html
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Categories |
Categories |
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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
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Integrations
Gemini
Not Supported
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