A strategic approach towards leasing can reduce expenses and save your business money while assuring you always have the most up-to-date equipment you need.
Global's iSeries™ Lease Accounting application tracks both capital and operating leases for any type of property — real property, machinery and equipment, automobile fleets, etc.
Lease Accounting also tracks real estate leases, breaking out and distributing the correct proportion to new land and building leases. It helps you make the best decisions when determining whether to lease or buy, simplifying what used to be a potentially confusing and costly exercise.
Benefits include:
- Utilization of eight user-defined levels to define your organizational structure — consolidated group, company, division, locations, cost centers, plants, stores, departments or others
- Security-by-user profile
- Complete audit trails
- Graphical User Interface (GUI) available
- Wide-range of standard reports provides the necessary information for internal and external accounting, reporting and planning — in a format that's readable and easy to interpret
- Most reports can be downloaded to Excel for maximum flexibility
- A report writer is also available to design specialized reports