GASB 87
Lease Accounting Software
![GASB 87 Header](https://finquery.com/wp-content/uploads/2021/10/standard-gasb87-atfimage.png)
![GASB 87 Compliance](https://finquery.com/wp-content/uploads/2022/01/gasb-87-compliance-atfimage.png)
GASB 87 Compliance
Amortization schedules and journal entries are calculated for you. All required reports and disclosures are ready out of the box.
![Robust Reporting](https://finquery.com/wp-content/uploads/2021/10/accurate-reporting-atfimage.png)
Fund Accounting
Easily allocate leases across funds and obtain fund-level modified accrual and government-wide conversion to full accrual journal entries.
![Built for Lessee & Lessors](https://finquery.com/wp-content/uploads/2021/10/central-repository-atfimage.png)
Built for Lessee & Lessor
Have lessee and lessor leases? LeaseQuery has you covered with our robust accounting for both sides of the transaction.
![LQ Customer Lockups - Slick - Govt](https://finquery.com/wp-content/uploads/2022/08/LQ-Customer-Lockups-Slick-Govt-2.jpg)
![LQ Customer Lockups - Slick - Govt - MOBILE](https://finquery.com/wp-content/uploads/2022/08/LQ-Customer-Lockups-Slick-Govt-MOBILE.jpg)
“It was the ultimate relief to hear that all this craziness that GASB is putting out, that there really is a way that we’re going to be able to handle it.”
Wendy Keller
Accounting Manager, Utah State University
Check out our GASB 87 transition checklist
Cloud-based Software Solution
- Keep your leases in a centralized location
- Access your leases anywhere there’s an internet connection
- Track lease modifications in real-time
![Cloud-Based Software Solution](https://finquery.com/wp-content/uploads/2022/04/cloud-based-software-solution.png)
![Secure and IT Approved](https://finquery.com/wp-content/uploads/2022/04/secure-it-approved.png)
Secure and IT Approved
- Stringent validation protocols ensure all updates are approved
- Track all leases without risk of data breaches or human error
- Levels of access allow you to let your employees view only the information they need
Automation of Critical Alerts and Reports
- Custom and canned reporting help provide transparency to your auditors
- Provide disclosures in GASB 87 or legacy GASB 13
- Custom alerts remind you of critical dates for payments, renewals, and more
![Automation of Critical Alerts and Reports](https://finquery.com/wp-content/uploads/2022/04/automation-critical-alerts-reports.png)