Whether you're managing a few leases or hundreds, NetLease gives you the power to stay compliant with ASC 842, IFRS 16, GASB 87, and GASB 96 — right from NetSuite.
No integration. No hassle. Just full control of your lease accounting.
NetLease manages your lease accounting directly in your NetSuite instance. Easily input lease data and get built-in compliance to ASC 842, IFRS 16 and GASB 87. Reduce the cost and risk of managing leases while automating transaction postings all the way to the general ledger for serious time savings.
Key NetLease capabilities:
- Compliant with ASC 842, IFRS 16, and GASB 87 requirements for lessee, lessor, and sublease accounting
- Supports decision making throughout the entire lease lifecycle
- Built-in reporting for FASB, IFRS, and GASB disclosures
- Full lease automation with transaction posting to the general ledger
- Integrated AP management
- Robust end-to-end audit trail
- Easy lease modifications and reversals
- Store and access key details and documents for each lease record
Learn more at https://www.netgain.tech/netlease-for-netsuite