Audience

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

About PowerPlan

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.

Integrations

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Company Information

PowerPlan
Founded: 1994
United States
powerplan.com

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Product Details

Platforms Supported
Cloud
Training
Documentation
Live Online
Webinars
Support
Phone Support
Online

PowerPlan Frequently Asked Questions

Q: What kinds of users and organization types does PowerPlan work with?
Q: What languages does PowerPlan support in their product?
Q: What kind of support options does PowerPlan offer?
Q: What type of training does PowerPlan provide?

PowerPlan Product Features

Decision Support

Data Analysis
Rules-Based Workflow
Budgeting & Forecasting
Performance Metrics
Sensitivity Analysis
Thematic Mapping
Monte Carlo Simulation
Decision Tree Analysis
Version Control
Application Development

Fixed Asset Management

Audit Trail
Tax Management
Disposal Management
Depreciation Management
Document Management
Inventory Tracking
Asset Budgeting
Barcoding / RFID
Asset Lifecycle Management

Lease Accounting

Asset Management
Billing & Invoicing
Budgeting & Forecasting
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Amortization Schedule
Capitalization Reporting
Critical Date Alerts
Portfolio Management
Tax Management