Datasheets

tangoanalytics.com 4 To learn more about Tango Lease, visit tangoanalytics.com LEASE ACCOUNTING COMPLIANCE Classify your leases properly to ensure conformity to FASB ASC 842: • Leverage built-in lease classification questions and functionality to identify the classification type (finance vs. operating) to support FASB compliance. • Support the standards requirement to bifurcate real estate leases by easily identifying and managing bifurcation schedules on a single lease record. • Establish balance sheet entries to set up right-of-use assets for each lease. Operate under the current standard while supporting the setup and analysis of the new rules and their impact on your business: • Straight line operating and finance leases under FASB 840/842 and IAS 17/16. • Create multiple schedules to support continued operation under the current standard. • View detailed schedules, as well as produce comprehensive reports and necessary journal entries. TENANT / SUBTENANT BILLING Simplify tenant/subtenant administration. Proactively manage your subtenant portfolio to ensure collection of rent and the ability to stay on top of delinquent accounts: • Generate sublease invoices, including CAM obligations. • Track invoices and receipts for each subtenant. • Report on aged delinquencies and posting credits to accounts receivable systems. VISUALIZATION Transform raw lease data into actionable insights. Harness market knowledge, monitor lease metrics, and track key space and occupancy indicators in real-time: • Supports real-time reporting and contains several preconfigured reports along with ad hoc report creation capabilities. • Equip managers to make better decisions with real time information through pre-configured and ad hoc reporting. • Employ rich, out-of-the-box reports to keep a pulse on fixed and variable occupancy costs, variances in landlord charges and geography-specific nuances. • Provide standard footnote disclosures to support both FASB-840 and FASB-842 standards. • Spot patterns, trends and correlations utilizing a robust self-serve business intelligence suite of products, including ad hoc data analysis and visualization. • Connect lease analytics and mapping to provide richer information for accurate decision making.

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