NetLessor by Netgain
NetLessor helps you get the accounting right for your lessor leases directly in your NetSuite instance. Easily enter lease data and get built-in compliance to ASC 842 and IFRS 16. Handle revenue recognition, billing, inventory and fixed assets while automating transaction postings all the way to the general ledger for serious time savings.
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Overview
NetLessor by Netgain - Automate lease revenue and invoicing
Handle revenue recognition for you leases while seamlessly connecting with other modules such as billing, inventory and fixed assets.
Key Benefits
Automate the Routine
- Automate steps such as lease classification and discount rate calculations
- Easily generate lease schedules & posting to the general ledger
- Quickly create invoices connected to the lease record
Simplify the Complex
- Streamline disclosure and critical management reporting
- Easily account for lease events like modifications & terminations
- Connect to NetSuite records such as inventory and fixed assets
100% Built for NetSuite by Accounting Experts
- No integrations or reconciliations with outside systems
- Leverage Oracle's security and data management practices
- Quality implementations & ongoing support performed by Netgain's in-house team of 50+ ex-big 4 accountants
Key Capabilities
- Automated ASC 842 and IFRS 16 compliance
- Quickly generate lease schedules, post entries to the general ledger and simplify invoicing
- Robust reporting tools fully support required disclosures and critical lease management reports
Features
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NetLessor by Netgain
