Update to ASC 842 for Common Control Arrangements Common control leasing arrangements are frequent among private companies for various reasons, including tax planning and legal liability. However,...
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March 2023 LeaseQuery GASB Summit: Key Insights
March 2023 LeaseQuery GASB Summit: Key Insights On March 23, LeaseQuery hosted another virtual GASB Summit, during which accounting experts explored the new GASB lease accounting standards, GASB 87...
What Are Fixed Assets? Fixed Assets in Accounting Explained
1. What are fixed assets? 2. What are the three types of fixed assets? 3. What are some examples of fixed assets? 4. How do you account for fixed assets? 5. How do you calculate fixed assets? 6....
SaaS Spend Management Explained and Best Practices
The swift rise of the remote workforce moved a significant amount of technology to the digital cloud. If your organization uses software applications, you’re likely using Software as a Service...
Post-Transition Policy and Procedure Considerations for Lease Accounting
Wondering what’s next after successfully transitioning to ASC 842? Whether a company is using a lease accounting software or has minimal leases to account for manually, it’s imperative to have...
LeaseQuery Completes First System and Organization Controls (SOC) 1 Type 1 Examination for its LeaseQuery for NetSuite Product
This report demonstrates LeaseQuery’s commitment to implementing the proper internal controls across its product lines. ATLANTA - February 22, 2023 - LeaseQuery, a leading provider of software...
LeaseQuery Announces Completion of System and Organization Controls (SOC) 1 Type 2 Examination for its LeaseQuery Advanced Product
The issuance of the SOC 1 report demonstrates LeaseQuery's commitment to the internal controls expected by our customers. ATLANTA - February 22, 2023 - LeaseQuery, a leading provider of software...
Signs It’s Time to Break Up With Your Lease Accounting Software
With Valentine’s Day this month, love is in the air. And with love comes heartbreak. Breakups don’t just apply to relationships. They can also apply to professional partnerships. Some companies may...
2022 Year In Review
LeaseQuery was busy in 2022! After two years of uncertainty due to the pandemic, we are thrilled to be hosting in-office events again. With 138 new employees on the team, we are ready to hit new...
LeaseQuery Reports Record Growth in 2022
ATL-based accounting technology provider broadened product offerings, resources and client roster exponentially throughout the past year ATLANTA - February 1, 2023 - LeaseQuery, a leading provider...
LeaseQuery Augments Channel Program with the Addition of Nancy Teixeira
Channel expert set to help the company continue its rapid partner program expansion ATLANTA - Jan 26, 2022 - LeaseQuery, a leading provider of software built to simplify the complexities of...
Lease Purchase Options and More Intersections of Fixed Assets and Lease Accounting Explained with a Full Example
1. Capitalization of leases and fixed assets ASC 840 – Capital leases and fixed assets on the balance sheet ASC 842 – Operating leases now capitalized Accounting for finance leases vs operating...
How to Keep Your Accounting Team Happy in 2023
According to a recent article from the Wall Street Journal, over 300,000 U.S. accountants and auditors have left their jobs in the past two years. The number of college students coming into the...
LeaseQuery Named the Leading Lease Accounting Software in the G2 Winter Grid Report
Lease accounting solution received high customer satisfaction scores from real users on G2 ATLANTA - December 16, 2022 - LeaseQuery, a leading provider of software built to simplify the complexities...
LeaseQuery and FloQast Announce New Partnership to Streamline Lease Accounting and Revenue Reconciliation Processes
This partnership between industry leaders offers customers more purpose-built accounting capabilities and expertise ATLANTA - Dec. 13, 2022 - LeaseQuery, a leading provider of software built to...
Accounting Experts Come Together for LeaseQuery’s Fifth Virtual LEASE Summit of 2022
The free virtual event provides 3.0 hours of CPE credit and key insights for the transition to ASC 842 ATLANTA - December 7, 2022 - LeaseQuery, a leading provider of software built to simplify the...
The Accountants Gift Guide – Tech Wishlist
LeaseQuery recently asked over 200 accountants what technology they need to gain efficiencies and optimize workflow. Our Annual Accountants Survey: Top Challenges & Tech Wishlist provides...
LeaseQuery Ranked Among the Fastest-Growing Companies in North America on the 2022 Deloitte Technology Fast 500™ for a Third Year
Lease accounting technology vendor attributes 304% revenue growth to its proven combination of user-friendly software solutions and trustworthy in-house accounting expertise ATLANTA - November 16,...