Lease accounting for public sector
The new GASB 87 standards are complicated. We make compliance easy.
You’ve got to deal with new lease accounting standards that could dramatically affect the way your organization handles leases – but you don’t know how to handle them or how to meet the standards.
Get peace of mind
The Crowe Lease Accounting Optimizer – combined with the historical GASB knowledge and skill set of our implementation consultants – will give you real confidence that you’re in compliance with GASB 87.
Simplify your life
Let us do the heavy lifting. Our consultants are prepared to manage the implementation process for you. We can analyze and compile existing lease data, implement the tool, and train users for future compliance.
Centralize your lease catalog
Ditch the different spreadsheets you’re using to keep track of your leases, with multiple data points in multiple departments. Our solution puts all the lease data in one accessible place.
Deal with current data
Onboard short-term and long-term leases and transact in real time. That means more efficient business processes, quicker information gathering, and more accurate reporting.
Ease your transition to the new GASB 87 accounting standards – and target inefficiencies at the same time.
Here are some of the features of the Crowe Lease Accounting Optimizer that excite our public sector clients the most.
1-click lessee/lessor leases
Gain productivity with lessee and lessor schedule automation. Features like 1-click lease schedule creation help your organization comply and simplify lease management and reporting for years to come.
Visibility and forecasting
See and analyze the effect that lease regulatory changes will have on your financials.
Automated processes
Automated general ledger journals for initial recognition, interest, interest accrual, payment to vendor/customer, present value calculation, and more.
Comprehensive lease management
Track and manage lessee and lessor leases, produce lease schedules automatically.
1-click lessee/lessor leases
Gain productivity with lessee and lessor schedule automation. Features like 1-click lease schedule creation help your organization comply and simplify lease management and reporting for years to come.
Visibility and forecasting
See and analyze the effect that lease regulatory changes will have on your financials.
Automated processes
Automated general ledger journals for initial recognition, interest, interest accrual, payment to vendor/customer, present value calculation, and more.
Comprehensive lease management
Track and manage lessee and lessor leases, produce lease schedules automatically.
No manual data entry
Reduce the risk of error by setting up a lease and the corresponding schedules.
Automated record keeping
Minimize risk with built-in audit controls and traceability.
Flexible integration
Install as stand alone software, or integrate in your pre-existing ERP.
No manual data entry
Reduce the risk of error by setting up a lease and the corresponding schedules.
Automated record keeping
Minimize risk with built-in audit controls and traceability.
Flexible integration
Install as stand alone software, or integrate in your pre-existing ERP.
1-click lease payments
Visibility and forecasting
No manual data entry
1-click lease payments
1-click lease payments
Visibility and forecasting
Visibility and forecasting
No manual data entry
No manual data entry
Want to try it out?
See how the Crowe lease accounting solution can get your entire lease catalog into ongoing compliance, reducing your risk and bringing downstream dividends along the way.
Questions? Our team is ready to help.
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