Lease administration isn’t just about paying rent on time. It’s about timing—period. And when critical dates slip through the cracks, the costs can come fast and hard. In this case, a missed ...
Lease administration can be full of landmines. A small misstep—like forwarding the wrong invoice—can trigger massive financial consequences. In this case, it led to a $100,000 overpayment that ...
Lease management software is used by real estate teams to oversee the management of their lease portfolios, from keeping on top of administration and accounting to making strategic decisions about ...
Subleasing a commercial lease can be an effective way to manage unused space or reduce costs, but it comes with specific legal and operational considerations. Whether you’re a tenant or a ...
A triple net lease (NNN) is one of the most popular types of commercial real estate leases in the U.S. It’s especially common for retail spaces, restaurants, and other franchise businesses. With a ...
Making the right decision between capital and operating leases is essential for businesses to manage finances effectively. These two lease types differ in their accounting treatment, financial ...
The new lease accounting standards—ASC 842 lease accounting for U.S. GAAP and IFRS 16 for international reporting—are a significant change for companies, lessors, and investors alike. Staying ...
Capital lease accounting, also known as finance lease accounting, refers to the method by which long-term lease agreements are recorded on the balance sheet. This approach requires the lessee to ...
