Top features of NetLease Max

Configurable dashboard for full visibility

Automated creation of lease
schedules

Everything is easily found on
the lease record

Everything related to the lease is easily input, linked
to, and displayed throughout NetLease

Everything related to the lease is easily input,
linked to and displayed, such as vendor bills

Automated creation of
journal entries

All lease modification types are
fully supported

The journal entries and lease schedule updates
are automatically performed after each modification

Comprehensive reporting available
on day one

NetLease Max

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NetLease Max has every capability and function in the lease accounting toolbox

NetLease Max

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Features only in NetLease Max

Features

Generate amortization schedules
Disclosure reporting for ASC 842, IFRS 16 and GASB 87
Built-in NetSuite-managed role access
Export amortization schedules
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
Capture additional disclosures including residual values and variable rates
Calculate payments in advance or arrears
Capture and report on all key contract provisions, associated dates and amounts, including renewals, terminations, insurance and other key clauses
Capture details of exercised contract provisions
Upload agreements and any other documents to lease record
Early terminations

Reporting

GL & Recon reports
1. Summary and detail periodic GL impact report
2. Short-term reclass report
Subledger reports
1. Full subledger amortization schedules
2. Lease expense, interest, payment waterfall reports
3. Lease activity report for amortization, modification and termination activity 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
Other management reports
1. Lease additions
2. Leases expiring within 90 days
3. Contract provisions key dates coming due
Lease balance roll forward reporting
Lease expense and payment waterfall reporting

Support

Enterprise level lease management and easy, audit-ready compliance