ASC 842 Calculator Tool
We have summarized visually the features of the Calculator for Lessees to generate information required for ASC 842 reporting and other management purposes. Additional customization can be made based on user needs.
Dashboard
Summary financial information can be generated for any reporting period. We have captured few items from the information that are available here.
Data Inputs
Basic details of a lease are entered in a single line at the inception of the lease to facilitate calculations for any reporting period. This is the only place users will enter data.
Summary Information by Lease
Using a drop-down all basic information of a lease can be viewed outside the data input sheet.
Amortization Schedule
Using the same drop-down asset and liability amortization schedule and related income statement items can be viewed.