Audience
Finance teams, accountants, large businesses, small businesses
About Black Owl
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
Integrations
No integrations listed.
Company Information
Black Owl Systems
Founded: 2019
Canada
www.blackowlsystems.com
Videos and Screen Captures
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iLeasePro
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iLeasePro integrates with several accounting solutions to offer seamless uploading of journal entries into your general ledger.
In addition to the lease accounting features, iLeasePro offers you the ability to add unlimited number of users to your account who will have access to critical date tracking and notifications, uploading of electronic lease documents that are linked with a lease, portfolio management capabilities and over 50 standard lease accounting and lease administration reports
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Product Details
Platforms Supported
SaaS
Training
Documentation
Live Online
In Person
Support
Phone Support
Online
Black Owl Product Features
Lease Accounting
Amortization Schedule
Budgeting & Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Portfolio Management
Asset Management
Billing & Invoicing
Payment Tracking
Tax Management
Lease Management
Portfolio Management
Billing & Invoicing
Commercial Leases
Contact Management
Landlord Database
Lease Classification
Property Management
Residential Leases
Retail Leases
Sublease Management
Tenant Database