Lease Accounting – Originfin-Tech

Originfin-Tech

Lease Accounting

Welcome to Origin Technologies

Lease Accounting Platforms: ASC-842

☛ The new FASB lease accounting standard ASC 842 requires organizations to account for leases as right-of-use assets and liabilities on the balance sheet.

☛ This isn’t just a one-and-done disclosure, it’s a whole new approach to accounting.

Implementation Methodology

Analysis

Evaluating the requirements of the business

Configuration

Setting up the platform to meet the identified requirements

Conversion

Compiling lease data and populating the information into the platform.

Validation

Ensuring that the platform as set up meets the business requirements

Production

Going live — this is where you start using the platform

Would you like to start a project with us?

We are here to assist you in successfully implementing Zuora Revenue. As a leader in the revenue automation platform. We try to accomplish your business goals.

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