# How does Cradle automate my financial reporting?

How will Cradle save me time automating my lease accounting financial reporting requirements?

##### Post Metadata
- Posted at: over 6 years ago
- Net upvotes: 2


## Comments
### Comment 1

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! 

##### Comment Metadata
- Posted at: over 6 years ago




## Related Product
[Cradle Accounting](https://www.g2.com/products/cradle-accounting/reviews)

## Related Category
[Lease Accounting](https://www.g2.com/categories/lease-accounting)

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