Netgain Solutions' native NetSuite lease management software revolutionizes compliance and efficiency by enabling quick lease data entry with built-in support for ASC 842 and IFRS 16. It automates revenue recognition, transaction postings straight to the general ledger for massive time savings, implicit/discount rate calculations, lease classifications (operating, finance, sales-type), payment generation from contracts or rates, push-button reporting like payment waterfalls and amortization schedules, and seamless handling of modifications, terminations, and extensions—streamlining your entire lease lifecycle effortlessly.

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