Netgain Blog

Discover the benefits of integrating lease accounting & asset accounting with NetLessor & NetAsset. Connect records, automate functions, & simplify reporting.

Uncover the secrets to a successful audit with the right tools. Find the perfect balance between efficiency and effectiveness. Explore ASC 842 for Auditors.

Integrating book and tax asset records can alleviate manual work and reduce the cost of tax-return preparation.

Don't let lease accounting complexities overwhelm you. Our lease accounting software tool simplifies ASC 842 compliance.

Is it possible to adopt ASC 842 in spreadsheets? Yes. Is it easy? No. Save time, reduce the risk of error, and rest easy with a lease accounting solution.

Automate your lease management system to streamline processes and unlock powerful benefits like increased efficiency, better visibility, and improved...

As an auditor, you know the traditional Excel approach won't work with the complex requirements of ASC 842. Discover better alternatives.

Learn how to transition to ASC 842 with a free Excel template. Lessees are required to apply a one-time modified retrospective transition approach.

Don't make more work for yourself by trying to audit leases in Excel. In this article, we break down better alternatives to Excel for ASC audits.

For US based organizations that are applying ASC 842 to their international leases denominated in a foreign currency (FX). Also for international businesses

Managing accruals and amortizations can be a difficult but necessary part of closing the books. Learn how to simplify the process with software.

Discover how NetClose, an embedded app for NetSuite, streamlines your close process. Close your books seamlessly and reduce risks.

This article will discuss what an embedded lease is, best practices in identifying embedded leases, and some commonly asked questions.

Take a look at the Short-Term Lease Exemption and if you should elect to take it and how the renewal option should be handled under ASC 842.

In lease accounting, take time when trying to identify and allocate variable payments. Easily make modifications to your contracts in NetLease.

If the timing of a lease incentive is uncertain, enter the lease incentive details at the commencement of the lease and add a payment after it is received.

The dreaded January 1, 2022, deadline to become compliant with ASC 842, IFRS 16 and GASB 87 accounting standards is now here.

In 2022, accounting and finance firms should stay current on upcoming trends and pivot to adjust procedures. Look to five areas where change could happen.

Learn from these accounting experts and take these steps now, to ensure you are compliant and have a solution to lease accounting reporting.

All accountants are looking for a quick and easy solution for the nagging problem of ASC 842, IFRS 16 and GASB 87 compliance. Learn how in this blog post.

With NetLease Go Free, you do not have to be an expert to stay compliant and manage your leases according to the applicable standards.

Excel is the catch all in the accounting world. We have all created spreadsheets that become cluttered but essential to our processes.

Lease accounting can be stressful. Especially when you are just getting started on a new standard. See what our customers are asking and how we can help.

Understanding how and when to start the transition of your business's leases from ASC 840 to ASC 842 can be difficult to determine.

To comply with the lease standards, companies need to identify their entire collection of leases and it is easier with the NetLease app in NetSuite.

How do you know if your company needs to update its procedures to comply with these standards before January 1, 2022?  (ASC 842, IFRS 16, or GASB 87)

The first step to becoming lease accounting compliant is to understand the lease accounting standard. Learn five different approaches to become compliant.

Short-term or long-term: Which approach to calculating lease liability is best for you? Learn the different approaches—it’s as easy as 1, 2, or 3.

For public companies, FASB has issued a practical expedient to help ease the pain of calculating incremental borrowing rates.

Download our ASC 842 lease accounting spreadsheet template & easily create an operating lease schedule that complies with ASC 842 requirements.

Learn the history of lease accounting, dive into accounting under AASB 16, learn tips & tricks for transitioning to the new standard, and software options.

Learn about the history of GASB 87, plus some tips and tricks for navigating these changes and how to use software to manage this change.

Learn the history of lease accounting, accounting under IFRS 16, transitioning to the new standard, and how to automate IFRS 16 using software.

The history of lease accounting, accounting under ASC 842, tips & tricks for transitioning to the new standard, and how to automate ASC 842 using software.

Leasing software typically falls in one of two categories: lease accounting or lease management. Here's the difference between the two.

We decided to interview some of our full-time work from home employees for some tips & tricks on how to WFH most effectively.

We decided to host a series of three webinars digging into each of the new lease accounting standards: ASC 842, IFRS 16, and GASB 87.

Under ASC 842, IFRS 16, and GASB 87 disclosures are more complex. Here are required disclosures under the new lease accounting standards.

Here are four things you should review with your auditors right away regarding ASC 842, IFRS 16, and GASB 87 lease accounting.

We’ll lay out the history of the initial delay for ASC 842 and the reasons why, plus our take on the impact of COVID-19 to ASC 842.

ASC 842 is a hot topic for most US companies today, especially if you hang around the accounting department. Get up to speed on everything you need to know.

Ask these 11 key questions of lease accounting vendors when searching for your software solution for the new standards for ASC 842, IFRS 16 and GASB 87.

GASB 87 transforms lease accounting for government entities by requiring the balance sheet to reflect all lease obligations. Learn the key components.

Is the right to use intangible assets like licensing agreements for software considered a lease? Depends on the leasing standard. Learn more.

If your business leases anything and are subject to International Financial Reporting Standards (IFRS) then lease accounting is likely top of mind.

Written by Weston Lampe at RSM. Make sure to assess each vendor based on the value it brings and avoid sacrificing important functionality due to cost.

Here we’ll lay out the primary differences in the types of software available so you can better navigate the current lease accounting software landscape.

A technology solution can help centralize all leases onto a single platform, perform calculations, assist with lease administration, and provide reporting.

The FASB issued an ASU to delay the effective date for ASC 842 lease accounting. Here are 4 things you need to know about the lease accounting delay.

Accountants are wondering if FASB will be delayed for private companies. Read Netgain's viewpoint on that topic and see that our software is ready NOW.

Lease Accounting under ASC 842/IFRS 16/GASB 87 is currently one of the hottest topics in the accounting world - for good reason. Learn about the standards.

With the new Lease Accounting Standards IFRS 16 and ASC 842 quickly approaching, customers can use NetLease, a certified app in NetSuite.