NetLease is the ERP-agnostic power tool accountants need to manage leases in-house with easy modifications, decreases in scope, ROU impairments, lease balance roll-forward and waterfall reporting
Generate lease accounting calculations and simply add the journal entries to your ERP with supporting reports exported from NetLease. NetSuite users can embed lease accounting in their ERP.
Small accounting departments save 16-20 hours a month managing small lease volumes with NetLease instead of spreadsheets
Software simplifies and automates the calculations to save you time, prevent headaches and get peace of mind knowing you are compliant with a tested lease accounting solution
Getting started is simple. Collect your lease data and import via CSV into a clean user interface. Businesses with less than 50 leases can be compliant in as little as three hours.
Comprehensive reporting provides visibility into your leases throughout the entire lease lifecycle. From configuration to termination, and all the monthly transactions in between, you can make informed decisions using real-time information and forecast based on trends.
Out of the box reports for disclosures, journal entries and balance roll forward are easy to run and always at the ready
Purpose-built by ex-big 4 CPAs and experts in lease accounting to comply with the disclosure and operational requirements of the new accounting standards. We have customers audited by each of the big 4 audit firms, who have signed off on the accounting and disclosures produced by NetLease.
Access reporting and analysis at your fingertips so you can choose what contracts to pursue, modify or renew
Our click-by-click audit trail provides detailed tracking to easily create detective controls within your internal control environment. Includes time and date stamp, shows changes made and identifies the user who made them.
Capture additional detail and forms on the lease record including contract provisions, key dates and added links
Information is accessible anytime, anywhere in the cloud, so updates are immediately reflected in reporting and disclosures
Manage the determination of lease classification — financing vs operating. Just enter the variables and NetLease will automatically determine the right classification.
Easy set-up, training and access to our knowledge-base developed by our experts. With optional technical and accounting consulting services, Netgain’s customers are a satisfied group. We share our product roadmap with customers, outlining enhancements and new features, often based on user feedback.