Lease Accounting

Guides to help you navigate Lease Accounting in compliance with ASC 842

Set Up

How to configure your account for ASC 842 compliance

• Best Practices for Setting Up ASC 842 in Leasecake: Common questions and answers for filling out fields regarding ASC 842.
• What drives the ASC 842 Amortization Schedules? Common Lease Accounting Questions. Lease Accounting in Leasecake 101.

Reports

How to pull ASC 842 reports

• ASC 842 Reports: How to pull Journal Entries, Amortization Schedules, Disclosure Reports and more out of Leasecake

FAQ

General lease accounting Q&A

• What is a lease expense and how do I calculate it? Common Lease Accounting Questions. Lease Accounting in Leasecake 101.
• Do you have an operating or financing lease? How to know what type of lease you have for ASC 842 purposes.