Accounting
Accounts Payable Interface
Produce records of payables in InfoLease and pass them automatically to your accounts payable system.
Asset Usage Tracking
Tracks incremental use of individual assets or groups over a specified period; assesses charges accordingly; generates invoices automatically.
Blended Income
Adds income and expense items beyond the actual lease agreement; enhances or decreases income yields appropriately.
Floating Rate
Adjusts contract payments and terms (both fixed payments and principal reductions) based on changes in money market indexes; calculates invoices and reports interest rate fluctuations throughout the life of a contract.
Floating Rate Late Charges
Calculates late charges based on a floating money market interest; uses a variance or spread to adjust the rate by a fixed percentage or number of points; sets a minimum or maximum to ensure the rate is never below or above a specified rate.
General Ledger Link
Interfaces InfoLease accounting entries with your general ledger.
Leveraged Lease Accounting
Creates a leveraged lease contract in InfoLease by transferring information from InfoAnalysis® where you've been tracking the progress of a bid.
Notes Payable
Associates debts independently or directly with lease transactions for online cash flow evaluations; tracks recourse and non-recourse debt with mutiple options for calculating interest.
Operating Leases
Adds basic accounting and finance functions for operating leases.
Renewals
Extends a contract past its original termination date; the original contract may be continued, or new terms may be written.
Revolving Accounts
Adds functions to the Floating Rate module for financing inventory and receivables loan management; includes invoicing options for principal plus interest and interest-only payments.
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