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What is TURBO-Lease?

TURBO-Lease™ delivers a robust accounting software platform tailored for lessors, boasting over 80 ready-to-use reports that can be exported in multiple formats like screen, paper, PDF, or Excel. Users have the capability to create future balance forecasts or access historical data to fulfill auditing requirements. The system also allows for personalization by enabling the definition of eight fields that can be used to classify leases with specific identifiers such as bank, vendor, salesperson, note, or type of equipment. Among its features are trial balance reports that aid in reconciling with the general ledger by displaying transactions within a user-defined date range. Each report is comprehensive, offering insights such as the opening balance, current period activities, required adjustments, new business entries, and the concluding balance. Moreover, the software provides specialized trial balance reports that cover various financial elements, including lease receivable, residual receivable, income, residual income, initial direct costs, advance payments, security deposits, and relevant fees. With this extensive array of reporting capabilities, users can effectively oversee and optimize their leasing operations while ensuring compliance and accuracy in their financial reporting. This allows for better strategic decision-making regarding lease management.

What is Leasecat?

Catsoft Leasecat serves as an all-encompassing lease management tool that streamlines the process of creating reports and performing lease calculations from the perspectives of both lessees and lessors, addressing financial leases, operating leases, and hire purchases. The application allows users to efficiently track lease details relevant to their role, whether they are leasing or leasing out assets. Its reporting capabilities cover aspects such as cash flow assessments, interest rates associated with leases, lease terminations, and summaries of journal entries. Moreover, the platform provides lessees with the flexibility to sub-lease a portion or the entirety of a leased asset to third parties. Users can customize interest charge methodologies and amortization strategies according to their needs. With an integrated report creation tool, individuals can tailor reports by selecting specific fields. The software also has the capability to automatically calculate the interest rate implicit in lease contracts. Additionally, lessees can enter a projected interest rate, which can modify the fair value, or they may explore suggested alternative rental payment scenarios. In summary, Leasecat is an essential resource for effectively managing a wide range of lease agreements, ensuring that every aspect of the leasing process is handled with precision.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

$1250.00/one-time

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Windows

Supported Platforms

Windows

Customer Service / Support

Standard Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Online Training

Training Options

Documentation Hub
On-Site Training

Company Facts

Organization Name

Better Programs

Date Founded

1985

Company Location

United States

Company Website

turbolease.com

Company Facts

Organization Name

Catsoft

Company Location

United States

Company Website

www.catsoft.com.au/leasecat/

Categories and Features

Lease Management

Billing & Invoicing
Commercial Leases
Lease Classification
Portfolio Management

Categories and Features

Lease Management

Lease Classification
Sublease Management

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