NetLease Overview

Welcome To NetLease!

The NetLease Management Tool was designed by Netgain’s experienced accounting and NetSuite professionals to enable your business to operationalize the requirements of ASC 842, IFRS 16, and GASB 87 throughout conversion, implementation, reporting, and ongoing lease management.

Key NetLease Capabilities    

  • Compliant with ASC 842, IFRS 16, and GASB 87 requirements for lessee accounting
  • Supports lease reporting and decision making throughout the entire lease lifecycle
  • Push-button reporting for FASB, IFRS, and GASB disclosures
  • Full lease automation
  • Integrated AP management
  • Robust end-to-end audit trail
  • Manage lease modifications
  • Store and access key details and documents for each lease record
  • Built for NetSuite verified

An embedded solution provides superior benefits

  • Single solution within NetSuite
  • 100% drill-down capability
  • Direct links between Lease Liabilities and ROU Assets
  • Reconciliations to vendor payments
  • Capture financial and non-financial data
  • Real-time visibility
  • Never miss a key date



Was this article helpful?