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Crowe Lease Management
avtor: Crowe LLP
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Crowe Lease Management for Dynamics 365
Crowe Lease Management is a comprehensive lease management, accounting, and financial reporting solution specifically designed for lessors. Developed by the certified accounting and technology professionals at Crowe LLP, this application allows organizations to optimize their entire lease management process, increase lease transparency, and automate their revenue process. Built entirely within Dynamics 365 Finance, the application supports lessor specific requirements including the recently issued accounting standards (ASC 842 & IFRS 16).
Key features:
- Automates
the calculation of straight-line lease revenue schedules in compliance with the
newly issued accounting standards (ASC 842 & IFRS 16), reducing the risk of
error from manual entry or spreadsheets
- Includes lease reports specifically designed to
meet quantitative disclosure requirements in accordance with respective
accounting standards
- Electronic storage of key documents, such as
master lease agreements, invoices, lease amendments, for increased transparency
into lease portfolio for improved decision making
- Allows for ease of lease data analysis, including
critical due dates, future cash flow projections, expected revenue, and
profitability
- Integrates with existing Dynamics 365 Finance
modules, including Accounts Receivable, General Ledger, and Fixed Assets
- Utilizes existing Dynamics 365 Finance chart of
accounts, currencies, customers, journals, and number sequences
- Automatically generates billing invoices and
revenue journal entries recorded in customer sub-ledger accounts and the general
ledger for ease of financial reporting
- Tracks lease contracts in local currency and
automatically converts to reporting currency based general ledger reporting
set-ups.
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