Learn more about the latest enhancements of Nakisa Lease Administration’s 2021 R1 release, designed to streamline operations, manage global assets, and ensure compliance, including a local GAAP framework for precise reporting, a Global Asset Tracker for comprehensive portfolio management, and a Data Quality and Integrity
Discover the origins and evolution of Nakisa’s cloud-native commercial real estate management software, Nakisa Real Estate, formerly IMNAT Software’s InfoSite. This solution provides a comprehensive real estate management platform for global enterprises to centralize data, automate workflows, offer real-time analytics, and integrate with Nakisa’s
The R2 2020 release of Nakisa Lease Administration introduces the Intercompany Asset Transfer functionality, enabling users to easily transfer lease assets between companies without triggering asset disposal, thus maintaining compliance with lease accounting standards.
Gain insights into the specific lease accounting guidelines under German GAAP, including the criteria for classifying leases as finance or operating leases, and the accounting treatment for finance leases from both the lessee’s and lessor’s perspectives.
While their accounting may seem straightforward, fully prepaid leases pose unique operational considerations due to factors such as extension options and the absence of purchase or termination rights. This blog delves into the key aspects of these leases.
This blog examines how Nakisa’s lease accounting solution enables global organizations to efficiently manage leased-out assets, automate calculations, centralize documentation, and ensure compliance with evolving lessor accounting standards like ASC 842 and IFRS 16.
This blog explores the critical lease accounting challenges companies face during turbulent periods and how a robust lease accounting software solution can help address them.
Learn more about the implications of ASC 842 lease accounting rules on impairment testing for oil and gas companies across upstream, midstream, and downstream operations.
This post covers calculating the depreciation expense and lease liability amortization schedule under GASB 87 lease accounting. It also discusses how lease modifications require remeasuring lease liabilities, payments, and assets—a process that specialized lease accounting software can automate.
