Archibus Extension for Lease Accounting
The Archibus Extension for Lease Accounting provides tools for determining if leases on building and equipment are considered to be operating leases or finance leases according to standards defined by FASB and IASB.
The Extension fully integrated in the Leases application. However, the Extension does require an additional license which has an additional cost.
The Extension adds the following views to the Leases application:
- Lease Portfolio / Lease Classification Wizard
- Lease Portfolio / Lease Classification Analysis Console
- Lease Portfolio / Generate Ledger Entries for Leases
- Lease Portfolio / Lease Expense Recognition
- Lease Portfolio / Quantitative Disclosures
- Background Data / Define Subledger Rules