Lease accounting: ASC 842, operating and finance.

Operating and finance leases under ASC 842. PV calculations using your incremental borrowing rate. Right-of-use asset recognition. Lease liability with full amortization. Renewal and purchase options. Multi-frequency payment escalation.

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Classification

Operating vs. finance, the test automated.

Quoining classifies each lease against the ASC 842 tests using the inputs you provide (term, FMV, ownership transfer, purchase option, useful life). PV computes against your incremental borrowing rate. ROU asset and lease liability post on commencement.

Operating vs. finance classification.
PV using incremental borrowing rate.
ROU asset recognition.
Lease liability with amortization schedule.

Lifecycle

Renewal, escalation, and purchase options.

Track renewal and purchase options as they're exercised. Multi-frequency payment escalation (monthly, quarterly, annual) is supported, and the schedule re-computes when modifications occur.

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Questions

About lease accounting (asc 842).

Which plan includes ASC 842?

Enterprise.

Can I model a lease modification mid-term?

Yes. The schedule reflows from the modification date forward; prior entries stay in the audit trail.

Other capabilities to look at.

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Fixed assets

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