LeasevanaWicked System Studio
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Related Products
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About
Journal entries — automated. Complex calculations — instant. ASC 842 & IFRS 16 compliant — always. No need for a long-drawn-out sales call or tiresome negotiation. Simply sign up, enter your details and get started with your accounting tasks. Choose from a plethora of customizable fields and methodologies and let Cradle guide you to the applicable accounting areas of the contract. Input your data and customize the software to your needs. Run fast, accurate-to-the-cent calculations and have your journal entries done immediately. Remove the guesswork and stress that comes with accounting under the new lease accounting standards ASC 842 and IFRS 16. Refine and update your lease accounting processes, all while saving time and money. We also offer complete implementation guidance. Whether you are a financial controller for a public company, or a small business owner that still needs to adhere to financial reporting requirements, Cradle will save you time.
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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
Organizations that comply with IFRS 16 or US GAAP ASC 842 reporting requirements
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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
Not 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
$10 per month
Free Version
Supported
Free Trial
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
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 InformationCradle
Founded: 2019
Canada
www.cradleaccounting.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
Supported
Billing & Invoicing
Not Supported
Budgeting & Forecasting
Supported
Capitalization Reporting
Not Supported
Critical Date Alerts
Supported
Expense Tracking
Not Supported
For Equipment Leases
Supported
For Real Estate
Supported
Payment Tracking
Supported
Portfolio Management
Supported
Tax Management
Not Supported
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Integrations
Gemini
Not Supported
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