### Contents - [**Discussions**](#resources-discussions) - [**Reports**](#resources-reports) # Lease Accounting Software Resources ##### Discussions and Reports to expand your knowledge on Lease Accounting Software Resource pages are designed to give you a cross-section of information we have on specific categories. You'll find [discussions](#resources-discussions) from users like you and [reports](#resources-reports) from industry data. [ContentsExpand/Collapse Contents](#) - [**Discussions**](#resources-discussions) - [**Reports**](#resources-reports) ## Lease Accounting Software Discussions 0 Question on: Cradle Accounting [Do you offer US GAAP ASC 842?](/discussions/25080-do-you-offer-us-gaap-asc-842) Are you going to offer US GAAP ASC functionality? Yes, in a couple of months. If you sign-up now (no commitment until using the product), you can get a sizeable discount. If you're a private, that's a pretty good deal given transition isn't until 1 January 2021. Answered: Cradle Support on March 10, 2020 yes Answered: deloyd Johnson Jones on June 16, 2022 [See more answers (1)](javascript:void(0);) [Your answer](/discussions/25080-do-you-offer-us-gaap-asc-842/comments/new?remote=true) 0 Question on: Cradle Accounting [What does compliance mean?](/discussions/25079-what-does-compliance-mean) This is a word used a lot, how does Cradle apply to the accounting standards? Good question! All solutions are claiming "compliance." To comply with the standard; there are several inputs you need to ensure you're on top of 1) Accounting judgements - are you correctly identifying the contract within the right standard? Is this discount rate appropriate? The list goes on. If you get this wrong, it doesn't matter how well the numbers are calculated! 2) Calculations: This is where the software comes in, an excellent area to test if you're software is compliant is input the IFRS 16 decrease in scope examples. If the numbers and journals match, that's a pretty good start. 3) Disclosures: compare the disclosure report to example disclosures. KPMG has a great of disclosures under the new standard. Answered: Cradle Support on March 10, 2020 [Your answer](/discussions/25079-what-does-compliance-mean/comments/new?remote=true) 0 Question on: Cradle Accounting [How does Cradle automate my financial reporting?](/discussions/25078-how-does-cradle-automate-my-financial-reporting) How will Cradle save me time automating my lease accounting financial reporting requirements? If you use Cradle, you will no longer need to manually calculate the NPV of the Lease Liability and right of use asset value. Deal with modification calculating. Have to calculate journals or figure out the debits and credits. Prepare company-wide financial wide reports or company-wide disclosures. Using Cradle lease accounting will be easier then what it was under the previous standard! Answered: Cradle Support on March 10, 2020 [Your answer](/discussions/25078-how-does-cradle-automate-my-financial-reporting/comments/new?remote=true) - [‹ Prev‹ Prev](/categories/lease-accounting/resources?discussions_page=4) - [1](/categories/lease-accounting/resources) - [2](/categories/lease-accounting/resources?discussions_page=2) - [3](/categories/lease-accounting/resources?discussions_page=3) - [4](/categories/lease-accounting/resources?discussions_page=4) - 5 - Next ›Next › ## Lease Accounting Software Reports Mid-Market Grid® Report for Lease Accounting Summer 2026 G2 Report: Grid® Report Grid® Report for Lease Accounting Summer 2026 G2 Report: Grid® Report Enterprise Grid® Report for Lease Accounting Summer 2026 G2 Report: Grid® Report Momentum Grid® Report for Lease Accounting Summer 2026 G2 Report: Momentum Grid® Report Small-Business Grid® Report for Lease Accounting Summer 2026 G2 Report: Grid® Report Enterprise Grid® Report for Lease Accounting Spring 2026 G2 Report: Grid® Report Small-Business Grid® Report for Lease Accounting Spring 2026 G2 Report: Grid® Report Mid-Market Grid® Report for Lease Accounting Spring 2026 G2 Report: Grid® Report Grid® Report for Lease Accounting Spring 2026 G2 Report: Grid® Report Momentum Grid® Report for Lease Accounting Spring 2026 G2 Report: Momentum Grid® Report