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Crowe Debuts Lease Accounting App

Lease Agreement by Nick Youngson CC BY-SA 3.0 Alpha Stock Images

Crowe has introduced a lease accounting application for government entties. The Crowe Lease Accounting Optimizer for public sector tool helps these organizations track, account and report on lessee and lessor leases to comply with Governmental Accounting Standards Board (GASB) Statement No. 87.

 

The software combines lease management with a financial calculator for organizations seeking compliance with GASB 87 regulation.

The product tracks lessee and lessor lease, automatically generates variable payments and automates the lease payment processes. It also provides built-in audit controls and lease payment traceability performs instant cash flow and lease analysis

 

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