Additional information for RAM Lease Accounting
Key features of RAM Lease Accounting
- Barcoding / RFID
- Search / filter
- Inventory overview
- Stock inquiries
- Lease accounting
- Payment scheduling
- Lease adjustment
- Lease payments
- Audit trail
- Historical audit
- Email notifications
- Fixed asset management
- Forecasting
- Obligation management
- Government compliance
- Report alerts
- Business activity monitoring
- Filtered views
- Reporting
View All FeaturesBenefits
RAM Lease Accounting is a software system that supports comprehensive analysis of financial and operational lease obligations to provide greater visibility over the management process.
RAM Lease Accounting is compliant with the latest FAS 13 (ASC 842) and IFRS 16 lease accounting rules, coming into effect from January 1st 2019.
Record full leasing details with the ability to add, review, edit and maintain information, define custom payment plans, reschedule lease arrangements and perform multiple calculation types.
Business Activity Monitoring tracks key events and reacts to send notifications, while flagging up lease payments in advance or those that have been allowed to lapse into arrears.
Reporting and forecasting capabilities allow for detailed analysis of obligations, commitments and more, with standard options joined by the ability to generate user-defined reports.