- Introduction to Lease
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Navigation and Tools 13 min
- Lease Accounting Basics
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Lease Structure Overview 8 min
- Lease Agreement Structure
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Key Terminology 10 min
PowerPlan Lease Accounting for Lessees - Sample
This course is for users expected to work with the Lease Accounting module in PowerPlan, pertaining to ASC 840 / ASC 842 guidance. This course will cover the basics of lease accounting and how the Lease Accounting module streamlines and simplifies lease accounting processes within a centralized lease repository. Day to day and monthly tasks such as lease initiation, lease maintenance, invoice reconciliation, and ASC 842 impact forecasting will be discussed. *** This is a small sample of the program available.***
Objectives:
At the end of this course, you will be able to:
- Create new and maintain existing leases in the Lease Accounting module
- Evaluate the impacts of and execute the transition to ASC 842 guidance
- Run Reports and Queries
- Execute Month End Close processes
- Explain the Lease Agreement Structure