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What is Bloomberg Tax & Accounting Leased Assets?

Compliance with ASC842 and IFRS16 has been successfully attained. Bloomberg Tax & Accounting Leased Assets manages a wide array of leased asset categories and provides complex calculations for right-of-use assets, as well as lease liabilities. Our software-as-a-service (SaaS) offering ensures accurate classification, accounting, and reporting of leased assets, adhering to the most current guidelines of IFRS 16 and ASC 842. By facilitating smooth integration with multiple ERP, GL, and AP systems, leasing solutions, and other internal platforms, we enhance operational efficiency. This empowers clients to confidently fulfill the requirements of ASC 842 and IFRS 16. Additionally, our automated lease accounting workflows significantly increase productivity while maintaining accuracy through comprehensive calculations, thereby promoting a more organized method for compliance and reporting. Ultimately, our solutions not only streamline processes but also foster a proactive approach to managing leased assets.

What is Accruent Lx Contracts?

Rent payments are made more straightforward, enhanced reporting options are accessible, and customizable location maps can be generated. Lease information can be effortlessly filled in or integrated with other applications for a holistic overview of the portfolio. Operating expenses can be monitored, with charges itemized to precise details. Additionally, it enables the tracking of lease expirations, renewals, changes in rent amounts, insurance documentation, and more. Accruent Lx Contracts enhances transparency across your entire leasing portfolio. It allows for rapid calculations of lease and expense obligations, helps pinpoint underperforming assets, and promotes team productivity. Beyond that, Lx Contracts provides superior data security compared to Excel or any other standalone software, incorporating measures like penetration testing, encryption, authentication protocols, and dynamic security assessments. This comprehensive approach not only safeguards sensitive information but also builds trust among users.

Media

Media

No images available

Integrations Supported

Accruent Lucernex
FundCount
MapsPeople

Integrations Supported

Accruent Lucernex
FundCount
MapsPeople

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Bloomberg Tax & Accounting

Date Founded

1929

Company Location

United States

Company Website

pro.bloombergtax.com/leased-assets/

Company Facts

Organization Name

Accruent

Date Founded

1995

Company Location

United States

Company Website

www.accruent.com/products/lucernex/lx-contracts

Categories and Features

Lease Accounting

Amortization Schedule
Asset Management
Billing & Invoicing
Budgeting & Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management
Tax Management

Categories and Features

Lease Accounting

Amortization Schedule
Asset Management
Billing & Invoicing
Budgeting & Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management
Tax Management

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