Understand The Implications of FASB ASC 842

Achieve Compliance with AMTdirect

Thanks to the new accounting standards, FASB  ASC 842, you're shouldering an urgent burden to rethink the way you manage leases and contracts. AMTdirect offers the industry’s only turn-key solution for lease accounting and lease administration. We provide unparalleled lease software technology, expert implementation, and data abstraction services. 

•   Perform lease classification tests to determine whether a lease is a Finance or Operating lease.

•   Manage all types of leases, including real estate and equipment in one unified solution.

•   Manage mid-term adjustments by restating any capitalization schedule if the lease terms change.

•    Account for sub-tenant income in your capitalization schedules.

•     Generate journal entries that are seamlessly uploaded to your accounting system.

•     Access portfolio data and scheduled monthly reports in real time.

•    Access more than 300 standard reports or create your own custom reports and dashboards.