Description of EZLease
EZLease is a simple, fast way to transition to and support the ASC 842, GASB 87, and IFRS 16 standards. Lessees and lessors can use EZLease to administer and account for real estate and equipment leases.
The solution features an advanced lease accounting engine as well as all the other critical
functions required to achieve compliance, including record-to-report automation, a leasing subledger, a true monthly close process, push-button reporting of over a dozen reports, and easy upload to your general ledger. EZLease supports complex lease accounting scenarios such as variable payments, modifications and reassessments, impairments, and asset retirement obligations (AROs).