Lease accounting solution for NetSuite. NetLease Management Tool will allow NetSuite customers to manage, operationalize and comply with ASC 842 and IFRS 16 lease accounting requirements.

Lease accounting solution for NetSuite. NetLease Management Tool will allow NetSuite customers to manage, operationalize and comply with ASC 842 and IFRS 16 lease accounting requirements.

Complete Lease Accounting Solution for NetSuite

NetLease allows customers to manage, administer and comply with ASC 842 and IFRS 16 directly in their NetSuite account.

Key Benefits

  • Single, native-NetSuite solution
  • 100% drill-down capability
  • Direct links between lease liabilities and ROU assets
  • Never miss a key date
  • Capture financial & non-financial data 
  • Real-time visibility

Key NetLease Capabilities

  •     Compliant with IFRS 16 and FASB ASC 842 requirements for lessee and lessor accounting
  •     Supports lease reporting & decision making throughout the entire lease lifecycle
  •     Push-button reporting for both FASB and IFRS financial and non-financial disclosures
  •     Full lease automation
  •     Integrated AP management
  •     Robust end-to-end audit trail
  •     Manage lease modifications
  •     Store and access key details and documents for each lease record
  •     100% Built for NetSuite

High Value, Lower Cost

  • Value solution covering policy, data collection & review and technology
  • Time, Productivity and Resource Savings

Trouble-Free Transition

  • Fast & Simple
  • Complete Historical Details
  • Practical Expedient Options

Confidence in Compliance

  • Transition Reporting
  • Modification & Early Termination
  • Reporting & Audit Trails

Netgain is an SDN partner focused on creating native NetSuite solutions that address complex finance and accounting challenges. We're a company of CPAs who have lived and breathed accounting on the NetSuite platform. Because of that experience, Netgain was started to help accountants streamline their systems, so they can efficiently manage business challenges and adapt to changes like ASC 842 and IFRS 16. Learn more at: https://www.netgain.tech/

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