Exactly what you need to get audit-ready compliance for ASC 842, IFRS 16 and GASB 87

If you have just a few simple leases and don’t need full automation, NetLease Go Free offers everything you need to get into compliance and intelligently manage your leases in-house within your NetSuite account

Use NetLease Go Free today
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Top features of NetLease Go Free

Straight-forward bundle installation

Simple and intuitive navigation menu

Easy to set up because it doesn’t require GL mapping. Just
follow the form and add the lease components

Configurable dashboard for full visibility

Automated creation of lease schedules in compliance
with ASC 842, IFRS 16 and GASB 87

Everything is easily found on the lease record

Variable payments and early termination are supported

Attached documents related to the lease

Disclosure reports are available on day one

NetLease Go Free

Free

FREE/mo

  • 5 leases included
  • Unlimited users
  • Fully GAAP compliant
  • Oracle NetSuite unified financial database and security
  • Self-service installation & setup
  • Knowledge base access
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NetLease Go Free easily manages most leases while automating compliance

NetLease Go Free

Free

FREE/mo

  • 5 leases included
  • Unlimited users
  • Fully GAAP compliant
  • Oracle NetSuite unified financial database and security
  • Self-service installation & setup
  • Knowledge base access
DOWNLOAD
Compare all NetLease products
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Features
  • Generate amortization schedules
  • Disclosure reporting for ASC 842, IFRS 16 and GASB 87
  • Built-in NetSuite-managed role access
  • Summary and detailed journals
  • Access to Netgain knowledge base
  • NetSuite unified database
  • Segregate leases by type
  • Support for operating, financing, short term and operating sublease
  • Create and populate additional notes and fields
  • Generate and adjust lease amortization schedules
  • Automatically adjust schedules for pre-paid lease payments, initial direct costs and lease incentives
  • Input variable payments
  • Complete audit trail
  • Capture department class location and other segmentation information
  • Calculate payments in advance or arrears
  • Upload agreements and any other documents to lease record
  • Early terminations
Reporting
  • Journal entry reports
    1. Summary and detail periodic GL impact report
    2. Short-term reclass report
  • Disclosure reports
    1. Components of lease cost
    2. Lease liability maturity analysis
    3. Supplemental balance sheet information
    4. Supplemental cash flow information
    5. Weighted average discount rate and term reports
Support
  • Self-service installation & setup
  • Knowledge base access with video tutorials

Get NetLease Go Free working for you in three easy steps

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Try for free
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Download the NetLease Go Free Bundle
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Follow the simple installation and setup guide instructions
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Use our knowledge base, including video demos
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Ready for quick compliance?

See NetLease Go in action

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Compliance is a easy download away

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