Advantage Leased Assets Pricing, Features, Reviews & Comparison of Alternatives

Advantage Leased Assets

Lease management solution to track & mange leased assets

  0 reviews

Advantage Leased Assets overview

What is Advantage Leased Assets?

Leased Assets is a cloud-based lease management solution designed to help enterprises track, calculate, and manage leased assets, in order to ensure compliance with state and federal standards. The platform enables organizations to handle tax calculations for managing right-of-use and liabilities.

Leased Assets includes a centralized spreadsheet, which allows organizations to upload existing spreadsheets, manage access permissions, and monitor audits. The lease classification system helps administrators streamline adoption and transition processes for financial leases.

The Leased Assets audit trail functionality enables businesses to track changes and maintain usage and maintenance history for future reference. The reporting module enables businesses to gain insight into asset performance via access to payment data, amortization schedules, and disclosures. Plus, it supports integration with various third-party systems such as enterprise resource planning (ERP), general ledger and accounts payable tools.
pro.bloombergtax.com

Pricing

Pricing options
Subscription
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States

Supported languages

English
Advantage Leased Assets screenshot: Advantage Leased Assets reports screenshot

Advantage Leased Assets reviews

There are currently no reviews of Advantage Leased Assets.
 

Advantage Leased Assets pricing

Pricing options
Subscription
View Pricing Plans

Contact Bloomberg Tax & Accounting for pricing information or a quote.

Advantage Leased Assets features

Accounting Management
Audit Trail
Compliance Management
Financial Analysis
Reporting & Statistics

API (303 other apps)
Accounting Integration (181 other apps)
Activity Dashboard (261 other apps)
Automatic Notifications (181 other apps)
Billing & Invoicing (210 other apps)
Customizable Reporting (180 other apps)
Data Import/Export (204 other apps)
Electronic Payments (189 other apps)
Expense Tracking (171 other apps)
Invoice Management (252 other apps)
Invoice Processing (169 other apps)
Multi-Currency (179 other apps)
Real Time Data (159 other apps)
Third Party Integration (241 other apps)
Workflow Management (175 other apps)

Additional information for Advantage Leased Assets

Key features of Advantage Leased Assets

  • Capitalization Reporting
  • Critical Date Alerts
  • For Equipment Leases
  • Payment Tracking
View All Features

Benefits

• Transition Accounting from ASC 840 to ASC 842 and IAS 17 to IFRS 16 reduces the risk of errors and financial discrepancies.
• Automated Lease Classification of operating or finance leases streamlines adoption and transition.
• Accurate Calculations performed at a daily level, such as right-of-use (ROU) asset and lease liability, amortization, and interest expense, save time and enable flexible reporting.
• Audit Trail tracks changes by user and maintains a complete history of every action to keep you on solid ground.
• Auto-Generated Journal Entries cut down on manual entries, improve accuracy, and speed up reconciliation.
• Standard Reports provide robust yet concise information on your lease portfolio: payment data, amortization schedules, ASC 842 and IFRS 16 disclosures, and strategic insight to inform management.
• Flexible Entity Management lets you track leased assets by entity, consolidate entities into groups, and manage custom calendars such as 52/53 week years.
• Integration with ERP, GL, AR, lease management, and internal systems simplifies lease accounting and reporting across multiple business segments, legal entities, or business units.