Lessee Accounting Software.

We customize lease accounting solutions to meet you and your business needs.

Lessee Accounting Standards.

Streamline compliance, simplify operations, and empower your business – our advanced lessee accounting features deliver.

Financial Accounting Standards Board

FASB

Lease Types (ASC 842)

  • Operating Lease
  • Finance Lease
  • Low Value
  • Non Lease Contracts

International Accounting Standards Board

IASB

Lease Types (IFRS 16)

  • Standard
  • Low Value
  • Short Term
  • Non Lease Contracts

Canadian Accounting Standards for Private Enterprises

ASPE

Lease Types (ASPE 3065)

  • Capital
  • Operating

Lessee Accounting Simplified

Black Owl streamlines lessee accounting from end-to-end. 
We automate calculations, ensure compliance, and provide a single source of truth for all your lease data.

  • Classify Leases

    Automatically classify leases (operating, finance, standard).

  • Capture Data

    Capture all contract details (term, payments, options).

  • Recognize Liabilities

    Accurately recognize lease liabilities and right-of-use assets.

  • Generate Entries

    Automatically generate journal entries for all transactions.

  • Report Seamlessly

    Generate financial statements and disclosures for ASC 842 and IFRS 16. Access reports instantly.

  • Integrate Easily

    Seamlessly integrate with your general ledger.

  • Support

    Our experts guide you throughout the process.

Experience Black Owl’s powerful lessee accounting solution. Reduce complexity, save time, and achieve compliance with ease.

Fast, Stress Free
Implementation

Lessee Accounting Software: Simplifying Lease Management for Lessees

In the complex world of lease accounting, lessees face unique challenges. Black Owl Systems offers a specialized Lessee Accounting Software solution, designed to simplify lease management and ensure compliance with relevant accounting standards like ASC 842 and IFRS 16.

Streamlined Lease Management for Lessees

Our software is tailored to the specific needs of lessees, providing an intuitive platform for managing all aspects of lease accounting. From initial recognition to ongoing measurement, our system handles every detail with precision and ease.

  • Automated Lease Calculations

    Simplify the complexities of lease calculations, including Right-of-Use (ROU) assets and lease liabilities.

  • Compliance with ASC 842 and IFRS 16

    Stay compliant with current lease accounting standards, reducing the risk of errors and non-compliance.

  • Integration with Existing Systems

    Seamlessly integrate with your current ERP systems, ensuring smooth data transfer and minimal disruption.

  • User-Friendly Interface

    Navigate through a clear, intuitive interface designed for ease of use, regardless of your accounting expertise.

  • Detailed Reporting and Analysis

    Generate comprehensive reports for internal analysis and external reporting, enhancing transparency and decision-making.

Transformative Lease Management Solutions for Lessees

Black Owl’s Lessee Accounting Software transforms the way lessees approach lease accounting. From small businesses to large corporations, our solution adapts to your unique leasing portfolio, offering features like:

  • Multi-Currency Transactions: Handle leases across different currencies effortlessly.
  • Audit Trail Capabilities: Maintain detailed records for auditing purposes, ensuring full traceability of all transactions.
  • Real-Time Visibility: Gain immediate insights into your lease portfolio, enabling proactive management and strategic planning.

 

Choosing Black Owl for Lessee Lease Accounting

Choosing the right lease accounting software is crucial for effective lease management. Black Owl Systems provides advanced software solutions and partners with you to ensure successful implementation and ongoing support.

Connect with Us for a Tailored Lessee Accounting Solution

Discover how Black Owl’s Lessee Accounting Software can revolutionize your lease management process. Contact us for a personalized demonstration and see firsthand how our software can meet your specific lessee accounting needs.

Lessee Accounting Requirements
Black Owl
Lease Types (ASC 842)
  • Low Value
  • Finance Lease
  • Operating Lease
  • Non Lease Contracts
Lease Types (IFRS 16)
  • Standard
  • Low Value
  • Short Term
  • Non Lease Contracts
Lease Types (ASPE 3065)
  • Capital
  • Operating

Get a Demo

Lease accounting made simple, powerful, and cost-effective.

Black Owl Integrates with any ERP or financial system for consistent data management and workflow.