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Video: New Lease Accounting Standards Get Ready for Compliance

Wed, Jan 31, 2018 @ 06:12 AM / by Bramasol Leasing Administration Team posted in Leasing

Issued by the IASB (International Accounting Standards Board), IFRS 16 & ASC 842 lease accounting requirements go into effect starting on January 1, 2019. The new standards require extensive reporting detail and have the potential for major impact on companies' balance sheets and income statements. Industry experts advise companies with large lease portfolios to allow significant time in advance of the deadline to identify, compile, and evaluate lease contracts.

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Kick-off Meeting for New SAP Leasing User Group on December 5, 2017

Mon, Nov 27, 2017 @ 05:07 PM / by Bramasol Leasing Administration Team posted in Leasing, Leasing-Hot-Tips

We are excited to announce the formation of a new SAP Leasing User Group and pleased to invite you to the first online meeting:
December 5, 2107 at 9 AM PST - 12 PM EST.

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ASC 842 and IFRS 16 Lease Accounting is Different for Real Estate vs. Equipment

Mon, Oct 9, 2017 @ 06:33 AM / by Bramasol Leasing Administration Team posted in Leasing, Leasing-Hot-Tips

In 2016, the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) issued new standards for lease accounting: IFRS 16 & ASC 842, which must be implemented by 2019. Both IFRS 16 and ASC 842 are the result of a joint effort between the IASB and FASB to meet the objective of improved transparency, comparability and financial reporting.

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New eBook: Lease Admin Solutions Need Scalability, Enterprise Performance and Native Integration

Tue, Oct 3, 2017 @ 10:45 AM / by Bramasol Leasing Administration Team posted in Leasing, ASC842, IFRS16, Leasing Solution

In 2016, the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) issued new standards for lease accounting: IFRS 16 & ASC 842, which must be implemented by 2019. Both IFRS 16 and ASC 842 are the result of a joint effort between the IASB and FASB to meet the objective of improved transparency, comparability and financial reporting.  These changes will impact virtually all companies, whether lessors or lessees.

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See Bramasol at SAP Financial Excellence Forum Oct 10-11

Wed, Sep 27, 2017 @ 12:00 AM / by Bramasol posted in Revenue Recognition, Leasing

Please join with Bramasol at SAP Financial Excellence Forum October 10-11, 2017 in New York City to learn how top organizations are transforming their financial management processes.

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Webinar Video: Financial Transformation Accelerates Expense Management

Fri, Sep 22, 2017 @ 11:27 AM / by Bramasol Financial Transformation Team posted in Leasing

The video of the latest webinar in our series on Financial Transformation is now available for viewing.

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Webinar Video: SAP Real Estate Management (RE-FX)

Tue, Sep 12, 2017 @ 01:52 PM / by Bramasol Leasing Administration Team posted in Leasing

The video of the latest webinar in our series on financial management topics is now available for viewing.

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New eBook: End-to-End Management of the Lease Lifecycle

Tue, Jun 20, 2017 @ 11:50 AM / by Bramasol Leasing Administration Team posted in Leasing

It is not possible to effectively manage enterprise-wide leasing activities without understanding the context of the lease lifecycle. Without this context, leasing too easily can degenerate into a disjointed series of ad hoc decision points with a high risk of key information falling through the cracks.

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SAPInsider Financials: Key Sessions on Leasing and Revenue Recognition

Mon, Mar 13, 2017 @ 07:00 AM / by Bramasol posted in Revenue Recognition, Leasing

Please join with Bramasol at SAPInsider Financials March 21-24, 2017 in Las Vegas, NV to learn about the latest solutions and methods for dealing with Leasing Administration and Revenue Recognition requirements.

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Download eBook - Transitioning to ASC 842: Why Robust Analytical Reporting Tools will be a must for all Entities

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