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Description
ASC842 and IFRS16 Compliance: Achieved. Bloomberg Tax & Accounting Leased Assets oversees various leased asset categories and offers intricate calculations for right-of-use assets and lease obligations. Our software-as-a-service solution ensures precise classification, accounting, and reporting for leased assets in accordance with the new standards – IFRS 16 and ASC 842. Enhance your operational workflow through seamless integration with a range of ERP/GL/AP systems, leasing platforms, or other internal applications. Empower your clients to meet the requirements of ASC 842 and IFRS 16 with confidence. By automating lease accounting processes, you can boost overall efficiency while maintaining accuracy through detailed calculations. Additionally, our solution supports businesses in adapting to changing regulations with ease.
Description
Leasing presents a savvy strategy for businesses aiming to streamline expenses related to vehicle acquisition and fleet oversight. The leasing process begins by selecting the specific model and variant of the vehicle your organization requires. LeasePlan then purchases the vehicle on behalf of your business for the agreed duration. Throughout the leasing period, LeasePlan manages every aspect of the vehicle's lifecycle, including insurance, maintenance, breakdown support, and eventual resale. This arrangement allows companies to enjoy the benefits of mobility without the burdens of ownership and management. Once the lease period concludes, you simply return the vehicle and can opt for a new one, all for a consistent monthly fee. Whether you require a single vehicle or an entire fleet, LeasePlan facilitates substantial cost reductions, alleviates administrative challenges, and enhances overall productivity. This leasing option is advantageous for anyone, from business proprietors and entrepreneurs to self-employed professionals and large corporations in need of a few vehicles. Even leasing a single car is a practical choice, as it not only saves money but also minimizes maintenance responsibilities, making it an appealing alternative for a variety of users.
API Access
Has API
API Access
Has API
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Bloomberg Tax & Accounting
Founded
1929
Country
United States
Website
pro.bloombergtax.com/leased-assets/
Vendor Details
Company Name
LeasePlan
Country
India
Website
www.leaseplan.com/en-in/
Product 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
Product Features
Fleet Management
Dispatch Management
Employee Management
Fuel Management
GPS Tracking
Incident Reporting
Inspection Management
Inventory Management
Maintenance Management
Mileage Tracking
Motor Pool
Routing
Tire Management
VIN Lookup
Work Order Management