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EZ13 Lease Accounting

A software system designed by Financial Computer Systems.
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EZ13 is the lease accounting solution for lessees, fully compliant with FAS 13 and Canadian CICA 3065. EZ13 provides automatic classification of leases as capital or operating, then complete reporting of all activity for both capital and operating leases. Reports include income statement and balance sheet (including rent leveling for operating leases), journal entries, classification detail, future minimum rents, amortization schedules, extended depreciation over economic life (for leases with ownership transfer), and lease listings. All reports are available in text format or spreadsheet output. Features include total flexibility in report dates, optional temporary capitalization of operating leases, early termination gain/loss reporting, ability to book leases late or reverse leases without affecting prior reporting periods, and multiple depreciation methods. Customized input and output available for interconnection with other systems. We put over 30 years of lease accounting experience into making this a simple yet powerful solution for your lease accounting needs. Free demo available. This software is applicable for Windows 98 or later desktops.

See our company profile for more information on our full-featured lease accounting service, for more complex lease accounting needs.

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