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About

PowerPlan’s Lease Accounting Solution Suite helps companies determine their optimal adoption strategy for the ASC 842 and IFRS 16 lease accounting standards. The solution is also compatible with multiple accounting treatments, including GAAP, IFRS and FERC. Use scenario analysis in the solution to analyze different adoption scenarios and determine your strategy for adopting the new lease accounting standards. Manage all capital and operating leases, including equipment, real estate and purchase power agreements. Reduce audit risk by eliminating manual tasks, ensuring accurate billing, reporting and documentation. Time-saving solutions like integrated invoice creation with billing departments provide better traceability and recognition of receivables. Automate the full range of lease calculations, from simplistic to the most complex, including variable rate and dynamic lease calculations.

About

Transitioning from old accounting standards into the new IFRS 16, AASB 16 and ASC 842 provides numerous challenges for businesses. New regulations, more data that needs to be collected and processed as well as more complex duties for accountants that need to be carried out. However, instead of struggling with outdated lease calculators, opt for precise, professional and user-friendly lease accounting software for IFRS 16, AASB 16 and ASC 842 standards. Our lease accounting software is able to do many things and offers tremendous versatility and flexibility to your business. For both SaaS and other types of businesses, the Soft4Lessee accounting solution helps your business do lease management accounting quicker, cheaper and with much less struggle. With our software, you can automate a lot of processes, seamlessly import and export data from and into Microsoft Excel, integrate files of XML and other formats.

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

Audience

Companies looking for a Lease Accounting solution to support FASB and IASB standards

Audience

Lease Management solution for companies

Support

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

Support

Phone Support 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

$99 per month
Free Version Not Supported
Free Trial 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 Supported
Live Online Supported
In Person Not Supported

Training

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

Company Information

PowerPlan
Founded: 1994
United States
powerplan.com

Company Information

Soft4Lessee
Founded: 2008
Lithuania
soft4lessee.com

Alternatives

MRI ProCalc

MRI ProCalc

MRI Software

Alternatives

Black Owl

Black Owl

Black Owl Systems
Nomos One

Nomos One

Nomos One Limited
iLeasePro

iLeasePro

iLease Management LLC
IRIS Lease Accounting

IRIS Lease Accounting

IRIS Software Group
IRIS Lease Accounting

IRIS Lease Accounting

IRIS Software Group
My Portfolio

My Portfolio

Leasing Information Systems

Categories

Categories

Lease Accounting Supported
Lease Management Supported

Lease Accounting Features

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

Lease Accounting Features

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

Financial Reporting Features

"What If" Scenarios Not Supported
Audit Trail Supported
Balance Sheet Not Supported
Cash Management Not Supported
Consolidation / Roll-Up Supported
Forecasting Supported
General Ledger Supported
Income Statements Not Supported
Multi-Company Supported
Multi-Department / Project Supported
Profit / Loss Statement Not Supported

Lease Management Features

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

Integrations

NetSuite Not Supported
Property Tax Plus Supported
SAP Business One Not Supported

Integrations

NetSuite Supported
Property Tax Plus Not Supported
SAP Business One Supported
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Claim PowerPlan and update features and information
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