Netgain Blog

Explore expert insights and industry trends

Discover the latest trends and expert insights in finance and accounting, tailored to help you stay informed and ahead of the curve.

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Accountant looking at her laptop thinking

LeaseCrunch review & alternatives [2025]

This LeaseCrunch review compares features, pricing, and top alternatives to help you find the best lease accounting solution.

Nick Nelson

Nick Nelson

, CPA

and

, CPA

Dec 19, 2024
Lease accounting AI software

Stop wasting time on manual processes with lease accounting AI software

Learn how manual lease accounting wastes time and leads to errors, and how lease accounting AI software can streamline workflows and improve accuracy.

Braden Bronson
Nick Nelson

Braden Bronson

, CPA

and

Nick Nelson

, CPA

Dec 13, 2024
A laptop with a digital global map on the screen, representing cloud-based software and globally distributed teams

13 accounting trends to pay attention to in 2025

Discover the leading accounting trends for 2025, from shrinking teams and dispersed offices to artificial intelligence efficiencies and blockchain security.

Mandy Schnirel

Mandy Schnirel

, CPA

and

, CPA

Dec 12, 2024
A business person holding a flaslight, overlaid with graphics representing ERP integrated with other software

What is ERP integration? How ERP integration can centralize your data [2025 guide]

Learn how ERP integrations can enhance business operations and discover steps for seamless implementation in this comprehensive guide.

Nathalia Velez Ryan

Nathalia Velez Ryan

, CPA

and

, CPA

Nov 26, 2024
accountant working on a computer with three screens, representing efficient work

11 best AI accounting software and tools [2025]

Discover the best AI accounting software of 2025 to automate bookkeeping, reconciliations, reporting, tax compliance, and productivity workflows.

Nathalia Velez Ryan

Nathalia Velez Ryan

, CPA

and

, CPA

Nov 20, 2024
An accountant carefully reading a contract

How AI can help you streamline lease abstraction and comply with ASC 842

Lease abstraction is a powerful tool that helps companies comply with ASC 842. But it doesn’t have to be a complex process. Learn how AI can help.

Trevor Arndt

Trevor Arndt

, CPA

and

, CPA

Nov 13, 2024
Accountant working on his laptop overlaid with graphics denoting an integrated ERP

Why Netgain builds NetSuite-native accounting software solutions

Why do we continue to design NetSuite-native accounting solutions here at Netgain? In this post, I share four reasons why we create embedded solutions.

Jeff Swan

Jeff Swan

, CPA

and

, CPA

Nov 13, 2024
Two accountants discussing financials and looking at reports on a computer

How accounting automation and AI can streamline the close process

Explore the basics of accounting automation and how NetClose uses automation and AI features to make your accounting operations more efficient.

Morgan Hunsaker

Morgan Hunsaker

, CPA

and

, CPA

Nov 6, 2024
A graphic of a shopping cart and packages on a laptop, representing procurement

Punchout is for everyone: How every business can benefit from punchout procurement

Do you ever wish procurement for your business could be as easy as online shopping? With punchout procurement, it can be. Learn how it works.

Nathalia Velez Ryan

Nathalia Velez Ryan

, CPA

and

, CPA

Oct 25, 2024
An Open Letter to the AICPA from Adam Riches

An open letter to the AICPA: Reevaluating the 150-hour CPA mandate

An open letter to the AICPA addressing the 150-hour CPA mandate from Adam Riches, Netgain CEO and Founder and its significant barrier to entry to accounting.

Adam Riches

Adam Riches

, CPA

and

, CPA

Oct 25, 2024
Three colleagues looking at a laptop and discussing their work

Outsourced accounting: Everything you need to know [2024 Guide]

Learn the benefits outsourced accounting, challenges and tips for successful financial management, and how accounting software can increase efficiency.

Nathalia Velez Ryan

Nathalia Velez Ryan

, CPA

and

, CPA

Oct 24, 2024
A person working on a laptop with graphics representing AI tools

How AI can help accountants gain efficiency [3 practical examples]

Learn the basics of generative AI, common tools, what generative AI can and can’t do, and practical examples of how to use AI for accounting.

Nathalia Velez Ryan

Nathalia Velez Ryan

, CPA

and

, CPA

Oct 23, 2024
Close-up of an accountant's hands using a calculator

9+ best loan management software solutions [2024]

Discover what loan management software options are on the market and how they save you time, money, and stress on this complex arm of accounting.

Nathalia Velez Ryan

Nathalia Velez Ryan

, CPA

and

, CPA

Oct 17, 2024
A person typing on a laptop with graphics of locks on the screen representing a locked document

Month-end close general ledger transaction locking: Benefits and best practices

GL transaction locking prevents further entries or modifications to the general ledger after a specific period. Learn the benefits and best practices.

Morgan Hunsaker

Morgan Hunsaker

, CPA

and

, CPA

Oct 17, 2024
An accountant preparing tax documents on their laptop

Fixed asset depreciation methods and how to use them

Not sure which depreciation method to use? Learn the most common fixed asset depreciation methods and understand how and when to use each one.

Braden Bronson
Nathalia Velez Ryan

Braden Bronson

, CPA

and

Nathalia Velez Ryan

, CPA

Oct 16, 2024
a group of nonprofit employees in a meeting

12 best accounting software for nonprofits [2024]

Explore the best accounting software for nonprofits, the pros and cons of each, and how to choose the best one for you. 

Morgan Hunsaker

Morgan Hunsaker

, CPA

and

, CPA

Oct 10, 2024
a happy accountant celebrating a job well done while working on her computer

Exploring operating vs finance lease journal entries and amortization calculations

Discover why moving fixed asset management to specialized software is critical for optimizing financial processes, reporting, and compliance.

Nathalia Velez Ryan

Nathalia Velez Ryan

, CPA

and

, CPA

Oct 9, 2024
an open notebook in front of a laptop and a cup of coffee

Top 9 accounting certifications to advance your career [2024]

Find out how industry-leading accounting certifications can boost your career and salary — and how practical tech skills complement your accounting theory.

Nathalia Velez Ryan
Brittley Eldredge

Nathalia Velez Ryan

, CPA

and

Brittley Eldredge

, CPA

Oct 2, 2024
close-up of an accountants hands working with a laptop, calculator, and printed reports

7 best bank reconciliation software [2024]

Compare the best bank reconciliation software on the market for 2024 and see how the right tool can save you time and errors on your reconciliations.

Morgan Hunsaker

Morgan Hunsaker

, CPA

and

, CPA

Sep 25, 2024
close-up of a person's hands as they work on a laptop and review a printed bank balance

How to streamline your bank reconciliations in NetSuite with automation

Discover how you can simplify the monthly bank reconciliation process with automated transaction creation and matching solutions.

Nathalia Velez Ryan

Nathalia Velez Ryan

, CPA

and

, CPA

Sep 18, 2024
close-up of accountant working on a laptop with graphs on the screen

11 best cash management software [2024]

Explore the best cash management software, key features you should look out for, and how the software can simplify cash management workflows.

Morgan Hunsaker

Morgan Hunsaker

, CPA

and

, CPA

Sep 12, 2024
smiling accountant sitting back on his chair looking at his laptop

How to simplify and automate recurring bank transfers in NetSuite

This post will explore the challenges of recurring transfers, the benefits of automating the process, and how to leverage NetSuite-embedded solutions.

Nathalia Velez Ryan

Nathalia Velez Ryan

, CPA

and

, CPA

Sep 11, 2024
Fleet manager looking at a tablet in a warehouse with a fleet of vehicles in the background

The 7 best fixed asset management software [2024]

Optimize your physical assets' tracking, maintenance, and depreciation and stay compliant with the best fixed asset management software.

Trevor Arndt

Trevor Arndt

, CPA

and

, CPA

Sep 5, 2024
3D illustration of a white calendar with orange details in front of a large blue smartphone displaying a checklist with orange check marks.

How to prepare the perfect year-end close [3 tips + a checklist]

Follow these three tips to make your year-end close process clean, easy, and worry-free. Spoiler: the secret is to stay on top of the monthly close.

Nathalia Velez Ryan

, CPA

and

Nathalia Velez Ryan

, CPA

Sep 4, 2024
Blue checkmark in the foreground with a series of other checkmarks in varying perspectives lined up behind on a reflective surface, implying progression or a checklist.

How to build a better month-end close process in two steps

With these best practices, you can transform your close process from a repetitive, time-consuming task into a streamlined, efficient process free of errors.

Jace Chambers

Jace Chambers

, CPA

and

, CPA

Aug 28, 2024
an accountant sitting at her desk smiling at the camera

11 ways NetClose simplifies the month-end close process (according to our customers)

NetClose takes the manual tasks out of your financial close. Discover our customers’ favorite NetClose features, according to their G2 reviews.

Nathalia Velez Ryan

Nathalia Velez Ryan

, CPA

and

, CPA

Aug 21, 2024
three accountants gathered around a laptop looking excited about their work

How automating the month-end close process can transform your accounting team

This blog post explores how automating the monthly close process can transform your accounting team, boosting efficiency, accuracy, and morale.

Adam Riches

Adam Riches

, CPA

and

, CPA

Aug 14, 2024
Work-life balance for accountants

From surviving to thriving: How accountants can find work-life balance during the month-end close

This blog post explores practical tips for stress management, time management techniques, and how leveraging technology can enhance efficiency.

Mandy Schnirel

Mandy Schnirel

, CPA

and

, CPA

Aug 13, 2024
a person's hands typing on a laptop, overlaid with graphic elements representing open banking

What is open banking? Everything accountants need to know

In this post, we'll define the basics of open banking and how it works, explore its benefits, and show you how it can enhance your workflows.

Nathalia Velez Ryan

Nathalia Velez Ryan

, CPA

and

, CPA

Jul 24, 2024
A person uses a calculator over a wooden table, with house models, coins, and blueprints nearby, indicating financial planning.

Exploring operating vs. finance lease journal entries and amortization calculations

Learn the differences between operating leases and finance leases, the right journal entries under ASC 842, and the financial statement impact.

Brittley Eldredge
Nathalia Velez Ryan

Brittley Eldredge

, CPA

and

Nathalia Velez Ryan

, CPA

Jul 10, 2024
a laptop with an ecommerce website on the screen and a graphic of a shopping cart with shipping boxes inside of it

SuperSync vs. Celigo for NetSuite e-commerce integrations

NetSuite integration connectors handle the technical complexities of ecommerce integrations for you. Read about SuperSync and Celigo and how to choose.

Brooks Flanagan

Brooks Flanagan

, CPA

and

, CPA

Jul 3, 2024
Close-up of two people's hands working on a laptop with loan data on the screen

How loan management software can revolutionize your accounting processes in NetSuite

Discover how loan management software embedded directly in NetSuite can help simplify and automate your loan management processes.

Morgan Hunsaker

Morgan Hunsaker

, CPA

and

, CPA

Jun 26, 2024
person on a computer looking at a software dashboard

Custom, prebuilt, and iPaaS NetSuite integration: Which is right for your business?

Explore the most common types of NetSuite integrations, the pros and cons of each, and how to choose the best fit for your business needs.

Brooks Flanagan

Brooks Flanagan

, CPA

and

, CPA

Jun 19, 2024
Netgain appoints Roman Bukary as Chief Revenue Officer

Netgain Appoints Roman Bukary as Chief Revenue Officer

Netgain is excited to announce the appointment of Roman Bukary as Chief Revenue Officer, underscoring Netgain’s commitment to innovation and growth.

Mandy Schnirel

Mandy Schnirel

, CPA

and

, CPA

Jun 17, 2024
A lease agreement on a wooden desk, surrounded by a pair of glasses, dollar bills, and an open book titled "leasing". The document is partially visible, showing text about a leasing contract.

ASC 842 lease accounting: A complete guide for businesses

This post provides a practical overview of the ASC 842 standard, its implications for your accounting processes, and how accounting software can help.

Brian Jones
Nathalia Velez Ryan

Brian Jones

, CPA

and

Nathalia Velez Ryan

, CPA

Jun 13, 2024
photo of a large shipping truck driving on a highway

How to integrate ProPack with NetSuite using SuperSync Integrations

Integrating ProPack with NetSuite allows you to automate inventory, orders, and shipping, freeing up time and resources. Learn how with SuperSync.

Brooks Flanagan

Brooks Flanagan

, CPA

and

, CPA

Jun 5, 2024
A construction worker wearing a hard hat looks up at a tall crane alongside a building under construction against a clear blue sky.

How to make roll forward reports and the CIP process easier in NetSuite

Learn the basics of fixed asset roll forward and CIP processes and how to easily create these reports in NetSuite with NetAsset.

Austin Dorman

Austin Dorman

, CPA

and

, CPA

May 29, 2024
accountant working on computer with a focused expression

Modern accounting: How accounting technology is changing the industry

Adopting modern software can transform the role of accountants. Let’s dive into how technology is leading the evolution of the accounting industry.

Adam Riches

Adam Riches

, CPA

and

, CPA

May 22, 2024
photo of a double-entry accounting ledger

The history of accounting technology: From clay counters to cloud software

Trace the history of accounting tools from the birth of the practice to the technological innovations of the present.

Adam Riches

Adam Riches

, CPA

and

, CPA

May 15, 2024
Netgain opens office in Sydney, Australia

Netgain Expands Global Footprint with New Office in Sydney to Serve the APAC Region

Netgain, a leading software provider for accounting teams, announced its expansion into the APAC region with the opening of its new office in Sydney, Australia.

Mandy Schnirel

Mandy Schnirel

, CPA

and

, CPA

May 14, 2024
loan officer and borrower reviewing a document

Day count convention guide: Definition and best practices

Learn the most common types of day count conventions, how they're calculated, and how they impact interest accruals on loan and bonds.

Perry Leimer

Perry Leimer

, CPA

and

, CPA

May 8, 2024
accounting technology can help to ease the accountant shortage

Bridging the gap: How accounting technology can ease the impact of the accountant shortage

The shortage of qualified accounting professionals presents a challenge to businesses. Accounting technology can resolve some of the burden on overworked teams.

Mandy Schnirel

Mandy Schnirel

, CPA

and

, CPA

May 3, 2024
person typing on laptop with symbols representing ERP and other software

The top 7 NetSuite integrations for businesses in 2024

NetSuite integrations can add completely new functions to an already impressive catalog of tools. Read the best NetSuite integrations in 2024.

Braden Bronson

Braden Bronson

, CPA

and

, CPA

May 1, 2024
two people in a work meeting

3 reasons 2024 is a good time to be an accountant

Discover why 2024 is a prime time to excel in the accounting industry. Read the benefits and opportunities for accountants today and in the future.

Adam Riches

Adam Riches

, CPA

and

, CPA

Apr 25, 2024
hands typing on a laptop

How to improve your NetSuite instance with SuperSync Integrations by Netgain

Discover how SuperSync Integrations can enhance your NetSuite usage with seamless financial data synchronization.

Netgain

Netgain

, CPA

and

, CPA

Apr 16, 2024
colleagues celebrating with a high five

Netgain announces $35 million investment from Summit Partners to accelerate its mission to modernize accounting

Netgain, a leading software provider for accounting teams, today announced a $35 million minority investment led by global growth investor Summit Partners.

Mandy Schnirel

Mandy Schnirel

, CPA

and

, CPA

Apr 3, 2024
Logo design featuring the names "NetGain" and "SuperSync" with respective logos, connected by a plus sign, followed by the phrase "better together" beneath.

Netgain Announces Strategic Acquisition of SuperSync

Netgain — a leader in providing NetSuite-native modern accounting solutions — has officially announced the acquisition of SuperSync,...

Mandy Schnirel

Mandy Schnirel

, CPA

and

, CPA

Mar 14, 2024
Two people reviewing information presented to them on a phone.

NetLease for NetSuite vs Lease Query for NetSuite

Elevate lease accounting with NetLease: superior reporting, dedicated support, & seamless NetSuite integration. Transform your financial processes efficiently.

Netgain

Netgain

, CPA

and

, CPA

Mar 14, 2024
Three office workers, one celebrating with a high five, at desks with computers, showing teamwork and joy in a modern office setting.

Maximize Your NetSuite Accounting With Netgain

Elevate your financial management with Netgain's real-time insights, automated processes, and cloud flexibility. Maximize NetSuite accounting efficiency today!

Amanda Paice

Amanda Paice

, CPA

and

, CPA

Jan 29, 2024
A person analyzes financial data on a laptop showing colorful graphs and charts, with a calculator and printed documents on a desk, by a window overlooking a cityscape.

NetLease Tops Lease Accounting Charts in G2 Winter 2024 Reports

NetLease by Netgain shines in G2's Winter 2024 Reports, named a Leader in the Lease Account grid. See why NetLease won multiple No. 1 rankings.

Mandy Schnirel

Mandy Schnirel

, CPA

and

, CPA

Jan 22, 2024
Two individuals at a desk, one handing a pen to the other to sign a document, with a mobile phone and a car key on the table.

The Ultimate Guide To Implementing GASB 87

Explore the essentials of GASB 87 with our comprehensive guide. Understand key requirements, implementation steps, tools, and best practices.

Amanda Paice

Amanda Paice

, CPA

and

, CPA

Jan 18, 2024
A person reviews financial data displayed on a tablet, including charts and graphs, on a wooden desk with printed documents alongside.

Top NetSuite Compatible Fixed Asset Software For 2024

Discover the best NetSuite compatible fixed asset software for 2024. Our guide for accountants covers key features, integration capabilities, and more.

Netgain

Netgain

, CPA

and

, CPA

Jan 18, 2024
A person uses a stylus on a touchscreen laptop displaying a project management app with status columns labeled "progress," "testing," and "requested." a keyboard and office supplies are also visible.

Top Loan Management Software For NetSuite

Discover the best loan management software for NetSuite users. Enhance operational efficiency, ensure compliance, and get personalized support with Netgain.

Netgain

Netgain

, CPA

and

, CPA

Jan 18, 2024
Top view of a workspace with a person using multiple screens and devices, showing various programs, alongside other tech accessories on a neat desk.

The Best Automated Reconciliation Software For 2024

Discover the top automated reconciliation software for 2024. Netgain's solutions boost accuracy, integrate seamlessly, and protect your financial data.

Braden Bronson

Braden Bronson

, CPA

and

, CPA

Jan 18, 2024
A businessman in a gray suit working intently at his desk, using a laptop and holding documents, in a bright office with large windows.

The Ultimate Guide To Accounting In NetSuite

Explore the Ultimate Guide to NetSuite Accounting: a comprehensive resource for businesses seeking to optimize financial processes.

Amanda Paice

Amanda Paice

, CPA

and

, CPA

Jan 18, 2024
A person in a business shirt holds a card with "erp" text, symbolizing enterprise resource planning, against a blurred light background.

The Best ERP Systems For Your Company

Discover the power of ERP systems for efficient business operations. Learn about key features, benefits, and how to choose the right system for your company.

Netgain

Netgain

, CPA

and

, CPA

Jan 18, 2024
A person's finger touching a futuristic digital interface with icons representing data management and analysis, depicted using glowing blue hexagons on a dark background.

Top NetSuite Compatible Lease Software For 2024

Discover how automated tools and software can save you time, reduce errors, and improve efficiency in your accounting tasks.

Netgain

Netgain

, CPA

and

, CPA

Jan 17, 2024
A focused man with glasses working at a desk, writing notes next to a laptop and tablet in a well-organized office space.

Best Financial Close Management Software in 2024

The financial closing process can be quite complex if you don’t have the right solution. Discover the best financial close software platforms.

Netgain

Netgain

, CPA

and

, CPA

Jan 3, 2024
Surprised man with glasses reacting to a laptop screen displaying quickbooks with a "lease accounting in QuickBooks?!" headline, set against a teal and blue split background.

How to Connect NetLease to QuickBooks Online

Simplify lease accounting with NetLease and QuickBooks integration. Efficiently post entries & receive expert support. Simplify your accounting process today!

Braden Bronson

Braden Bronson

, CPA

and

, CPA

Nov 16, 2023
A hand drawing a rising arrow on a chalkboard, with a second, faint arrow in the background, symbolizing growth or progress.

Key Considerations when Accounting for Lease Amendments

Discover how to accurately account for lease modifications under ASC 842 with examples. Learn how the top lease accounting software can assist you!

Andé Lampert

Andé Lampert

, CPA

and

, CPA

Oct 12, 2023
A blue binder labeled "accounting standards" stands upright on a shelf between other colorful binders in an office setting.

Navigating GASB 96: Lease Accounting Software for Accountants

Navigate GASB 96 with ease using Netgain's lease accounting software. Discover how you can streamline your lease accounting processes and ensure compliance.

Tanner Larsen

Tanner Larsen

, CPA

and

, CPA

Jul 26, 2023
A close-up of a business meeting with three people around a table, featuring a laptop displaying blueprints and two small wooden house models, symbolizing a real estate or architectural discussion.

Everything You Need to Know About ASC 842 Quantitative Disclosures

Learn about the significant changes ASC 842 has brought to lease accounting disclosures, emphasizing the importance of detailed quantitative information.

Caleb Christensen

Caleb Christensen

, CPA

and

, CPA

Jul 24, 2023
This image features the G2 Summer 2023 badges, highlighting awards like "easiest to use" and "best results", centered around the marked "leader summer 2023" badge.

NetLease Customer Reviews Say it All - G2 Summer 2023

Netgain’s lease platform achieved outstanding results in G2's Summer 2023 report. Find out why accountants recommend NetLease by Netgain.

Brian Jones

Brian Jones

, CPA

and

, CPA

Jun 21, 2023
Two professionals analyze data on printed charts and a laptop displaying graphs in a bright office setting, with calculators and digital devices on the table.

How To Do Sales Type & Direct Financing Leases – Journal Entries Under ASC 842

Learn how lessors can navigate ASC 842 lease accounting changes and properly book and report their leases. Download our FREE tool to simplify lease accounting.

Jake Robley

Jake Robley

, CPA

and

, CPA

Jun 7, 2023
A blue "report" button prominently displayed on a computer keyboard key, surrounded by other standard black keys.

NetLease Helps You Meet ASC 842 Quantitative Disclosure Requirements

ASC 842 has brought about changes to lease accounting disclosures. There are several new quantitative disclosures required under the new standards.

Maggie Smith

Maggie Smith

, CPA

and

, CPA

Apr 20, 2023
A hand drawing a chalk maze on a blackboard, with an arrow bypassing the maze leading directly to a light bulb symbolizing a bright idea or solution.

Lease Abstraction With NetLease: Understanding ASC 842

It’s time for companies to transition to ASC 842. NetLease can help you abstract leases so that you understand the new regulation.

Brian Jones

Brian Jones

, CPA

and

, CPA

Mar 30, 2023
The image shows two tables, one detailing a sales-type lease and the other a direct financing lease, with respective data like commencement dates, fair values, lease terms, and payment amounts, including a lift in payments in years two and three.

Sales Type & Direct Financing Leases – Journal Entries Under ASC 842

ASC 842 will affect the accounting policies and practices of both parties to any lease agreement. NetLessor can help you meet the demands of ASC 842.

Netgain

Netgain

, CPA

and

, CPA

Mar 28, 2023
A row of new white semi-trucks parked side by side under a clear blue sky, prominently featuring the front of the first truck.

ASC 842 Guide to Operating Lease Journal Entries With NetLessor

It can be daunting to generate journal entries for your operating leases post-transition into ASC 842. NetLessor allows lessors to automate these entries.

Netgain

Netgain

, CPA

and

, CPA

Mar 17, 2023
3D illustration of a descending orange arrow above a row of five gray houses, symbolizing a decrease, possibly in real estate values or market trend.

Short-Term and Low-Value Lease Accounting under ASC 842 & IFRS 16

Discover the new accounting standards for short-term & low-value leases under ASC 842 and IFRS 16. Learn about the rules, benefits, & exemptions for lessees.

Netgain

Netgain

, CPA

and

, CPA

Feb 23, 2023
Two illustrated hands against a light blue background, one handing over a large blue circular icon with a white pie chart symbol to the other hand.

Intercompany Transfers Made Easy—Asset Edition

Intercompany transfers don’t need to be a big pain. Simplify the accounting and automate the process with NetAsset.

Netgain

Netgain

, CPA

and

, CPA

Feb 15, 2023
A woman in a striped shirt and jeans smiles while holding a sign that says "sale leaseback" and a white house-shaped cutout, against a light blue background.

How sale-and-leaseback accounting works (with examples)

Discover the complexities of sale-leaseback transactions with our helpful guide. Learn how to evaluate control transfer and determine if a sale has occurred.

Netgain

Netgain

, CPA

and

, CPA

Feb 8, 2023
Illustration of a magnifying glass focusing on a document with graphs and checklists, accompanied by a clipboard, symbolizing data analysis or audit.

Everything Account Reconciliation

Account reconciliation is an essential part of a company's operations. Learn why it’s important, how to reconcile accounts, and more.

Netgain

Netgain

, CPA

and

, CPA

Feb 1, 2023
Illustration of a 3d scroll of paper with a purple gradient background, featuring checkboxes with green check marks and lines of text.

ASC 842 Transition Disclosure Template

Simplify your financial disclosures with our ASC 842 Transition Memo Template. Start saving time today with Netgain. Get your full text disclosure template now!

Netgain

Netgain

, CPA

and

, CPA

Jan 25, 2023
Logo of "NetLoan" beside a blue button labeled "updates" on a light background.

New NetLoan Features Make Loan Servicing and Accounting Easier than Ever

Loans are vital to most businesses because they represent the lifeblood needed to take their growth to the next level. Sounds exciting, right?

Perry Leimer

Perry Leimer

, CPA

and

, CPA

Jan 18, 2023
A person holds a large round clock in front of their face, covering it completely. They stand against a vivid yellow background and the time on the clock reads ten minutes past ten.

The Best Software for Auditing ASC 842

Transition smoothly to ASC 842 using software. Time's ticking for fiscal year-end compliance. CPAs face unique challenges.

Casey Stewart

Casey Stewart

, CPA

and

, CPA

Jan 11, 2023
A large white percentage symbol stands prominently against a vibrant orange background. The symbol is three-dimensional and cast a soft shadow on the surface.

What is Percentage Rent (and How Do I Automate It?)

Percentage rent can tie rent costs directly to sales, which can be a good option for businesses with fluctuating sales. Learn how to automate payments.

Netgain

Netgain

, CPA

and

, CPA

Jan 4, 2023
A person examines a large calendar marked with various events, standing beside a stack of coins and a clock, indicating time management and financial planning.

What Happened to Deferred Rent under ASC 842?

Discover how NetLease by Netgain simplifies ASC 842 transition, ensuring GAAP compliance by replacing deferred rent with ROU Asset and Lease Liability.

Netgain

Netgain

, CPA

and

, CPA

Dec 22, 2022
A blue sticky note with "asset management" written in black marker on a wooden desk, surrounded by a pen, a notebook, and a planner.

Fixed Asset Management In NetSuite

Elevate fixed asset management in NetSuite with automated solutions. Enjoy streamlined processes, real-time visibility, and guaranteed compliance.

Netgain

Netgain

, CPA

and

, CPA

Dec 7, 2022
Individual in a business setting work on a financial analysis using a calculator while reviewing content on a laptop.

Transitioning Capital/Finance Leases to ASC 842

Transitioning to the new standard for capital/finance leases under ASC 842? Our article simplifies the process. Save time and headaches with our free tool!

Netgain

Netgain

, CPA

and

, CPA

Nov 30, 2022
UI displaying the NetSuite interface and highlighting how to use Netgain's Shared Transactions.

How to Allocate Transactions in NetSuite to Segments and Subsidiaries

Easily split expenses and items between different segments with Shared Transactions by Netgain. Simplify your P&L verification process in NetSuite today!

Netgain

Netgain

, CPA

and

, CPA

Nov 17, 2022
View from the ground between high-rise buildings looking upwards, capturing an airplane symmetrically framed by the surrounding architecture against a cloudy sky.

Understanding ASC 842, IFRS 16, & GASB 87

If your business deals with leases, the new lease accounting standard (ASC 842, IFRS 16 or GASB 87) is most likely quickly rising on your to-do list.

Netgain

Netgain

, CPA

and

, CPA

Nov 14, 2022
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Lessors, Lessees and the New Lease Accounting Standards

User Lessors and Lessees both have bookkeeping obligations under ASC 842 that can easily be automated with Netgain software solutions.

Netgain

Netgain

, CPA

and

, CPA

Nov 2, 2022
A woman with short hair, wearing a striped top, looks thoughtful while standing in front of a gray background with a question mark and two arrows pointing in different directions above her head.

Loan vs. Lease (A Seller’s Guide)

Discover the best option for your business with our free leasing vs. loan comparison tool. Make informed decisions to maximize tax advantages & long-term goals.

Netgain

Netgain

, CPA

and

, CPA

Oct 12, 2022
Line drawing of a document with a prohibition sign and a handshake symbol, suggesting a contract or agreement related to restrictions or prohibitions.

FASB’s Proposed Changes to Related-Party Lease-Accounting Guidance

Getting lease agreements in writing between related parties has immense benefits. Learn about the proposed changes to related-party lease-accounting.

Netgain

Netgain

, CPA

and

, CPA

Oct 5, 2022
Graphic featuring a document with a house icon, text lines, and a signature scribble, accompanied by a blue pen, against a light blue background. The Netgain logo is seen in the bottom left corner.

Smooth Sailing: Strategies For Successful Lease Management

Unlock the Power of Lease Management with Streamlined Strategies: Your Guide to Smooth Operations. Get the most out of your lease management with our...

Netgain

Netgain

, CPA

and

, CPA

Oct 5, 2022
Read the Netgain blog

Mastering The New Accounting Lease Standard: What You Need To Know

Stay up to date on the new lease standard in accounting with our comprehensive guide. Get insights and learn how to stay compliant with the changes.

Netgain

Netgain

, CPA

and

, CPA

Sep 14, 2022
Illustration of two diverging red arrows labeled "lease" and "buy" with a person standing at the point where the arrows split, wearing sneakers.

Deciding to Lease or Buy an Asset: Financial Statement Implications

Understand leasing vs. purchasing's financial impact. Crucial for financing, valuations, and cash flow. Explore options with provided tools.

Netgain

Netgain

, CPA

and

, CPA

Sep 14, 2022
A close-up of a two people exchanging a document over a clipboard, with a white car in the background. The focus is on their hands and the document.

The Easy Way to Achieve Robust Asset Tracking and Asset Revenue Management

Creating and maintaining a useful big-picture understanding of rental assets is no mean feat. Learn how asset management software can help.

Becca Barfuss

Becca Barfuss

, CPA

and

, CPA

Sep 7, 2022
A close-up of a magnifying glass focusing on a financial statement, with coins stacked on the side, highlighting specific figures and details.

It’s Time to Automate Account Reconciliation

Automate tedious account reconciliations for efficiency and accuracy. Simplify monthly close with NetClose software.

Netgain

Netgain

, CPA

and

, CPA

Aug 31, 2022
Eight herrings arranged in rows on a white background, with one fish in the top row colored red and the rest in natural shades of silver and blue.

The Three Red Herrings of ASC 842 (What Not to Worry About)

Do not fall victim to wasting time on one of the three red herrings of ASC 842: lease classification, Incremental Borrowing Rate (IBR) and embedded leases.

Netgain

Netgain

, CPA

and

, CPA

Aug 24, 2022
A graphic icon showing a configuration of three gears and three squares interconnected by arrows, symbolizing process flow or system integration.

Automated Billing in NetSuite—Improve Your Billing Process with the Click of a Button

Automate lease billing for efficiency, accuracy, and timely processing. Invest in user-friendly software for seamless automation.

Netgain

Netgain

, CPA

and

, CPA

Aug 17, 2022
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Lease Modifications: Everything You Need to Know for 842

Skip the treacherous spreadsheet and simplify ASC 842 modifications with NetLease software. Automate recalculations for organized and consistent handling.

Landon Parker

Landon Parker

, CPA

and

, CPA

Aug 10, 2022
An architect's workspace with blueprints, a drawing tablet, rulers, a magnifying glass, pens, a calculator, and a small potted plant on a grey desk.

Finance Leases: How to Measure Them and Put Them on Your Books

Finance leases are the new capital leases. Follow outlined criteria for lease classification and consider NetLease for automated accounting.

Netgain

Netgain

, CPA

and

, CPA

Aug 3, 2022
A hand flipping wooden blocks to change the word "panic" to "calm" on a plain beige background.

A Guide to ASC 842 Adoption Reliefs

Streamline ASC 842 adoption for audit clients by leveraging practical expedients. Help clients understand easier options for new lease standards.

Casey Stewart

Casey Stewart

, CPA

and

, CPA

Jul 27, 2022
Illustration featuring a stylized house with a pitched roof, incorporating a window and a hammer and wrench crossed in the foreground, all in shades of orange and yellow.

How to account for leasehold improvements under ASC 842

Discover how ASC 842 impacts leasehold improvements and incentives compared to ASC 840. Learn how to properly account for these assets and amortize incentives.

Donald Kirby

Donald Kirby

, CPA

and

, CPA

Jul 13, 2022
A magnifying glass focused on a financial chart, with a calculator and additional charts visible in the background, on a desk covered with various business reports and graphs.

How to Calculate ROU Asset Balance for an Operating Lease under ASC 842

Accurate ROU balance-sheet calculations are crucial for lease-accounting compliance. Use the information in this article to nail it!

Tyler Holle

Tyler Holle

, CPA

and

, CPA

Jul 6, 2022
A chalk drawing of an upward arrow with a patterned design, on a black chalkboard, symbolizing combined growth or progress.

How to Account for Leases Acquired in a Business Combination under ASC 842

Discover how leases are handled when businesses combine. Learn about the allocation of purchase price & the importance of market terms in accounting for leases.

Netgain

Netgain

, CPA

and

, CPA

Jun 29, 2022
Illustration of a product UI with "Transition to ASC 842 for free" with an arrow symbolizing movement or change.

How to Transition to ASC 842 for Free

Yes, you can transition for free on NetSuite. NetLease Go Free provides powerful lease accounting tools and compliance at no cost.

Austin Dorman

Austin Dorman

, CPA

and

, CPA

Jun 23, 2022
A magnifying glass focusing on a bar graph labeled "revenue growth" with colored bars representing different quarters.

How to Create Recurring Revenue for Your Firm with Lease Accounting Software

Let’s look at the steps and benefits associated with generating recurring revenue through a lease-accounting software solution.

Casey Stewart

Casey Stewart

, CPA

and

, CPA

Jun 15, 2022
Flowchart depicting a core financial system at the top, with arrows pointing towards two subordinate elements labeled "primary book" and "secondary book."

The Easy Way to Handle Dual Financial Reporting Requirements

Simplify dual financial-reporting requirements with NetLease, a NetSuite App. Save time and reduce errors by automating the process.

Rebecca Springer

Rebecca Springer

, CPA

and

, CPA

Jun 1, 2022
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