<img src="https://ws.zoominfo.com/pixel/5BFMW73xT6Cu70sN1cUt" width="1" height="1" style="display: none;">

Fixed Asset – Lease Accounting Workflow

Posted by Sara Duong, Consultant on Nov 7, 2023 11:00:00 AM

NetSuite's Fixed Asset Management SuiteApp incorporates the Lease Accounting feature, aligning with the IFRS 16 and ASC 842 standards for lease compliance. These regulations mandate that lessees include almost all leases on their balance sheet, a change implemented from January 1, 2019 onwards.

Read More

Tags: NetSuite, ERP, Reporting, NetSuite Partner, NetSuite How To's, NetSuite Tips, NetSuite Administrator, Fixed Asset, Troubleshoot, Fixed Asset Management, Netsuite ERP, Netsuite Updates, Lease, Lease Payments

Subscribe to our blog!

Recent Posts

Posts by Topic

see all

Request a quote