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Lease Reports for Every Role

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Copyright ©2022 Tango. All rights reserved. Lease Reports for Every Role: How Tango Lease Supports Administration, Analysis, Real Estate, and Accounting 10 When it comes to lease-related reports, your lease accountants and accounting director have completely different needs. But Tango Lease equips both of these roles to be successful in the same tool. Lease accountant reports Lease accountants record transactions in your monthly journal entries, book adjustments related to changes for lease amendments, and prepare occupancy budgets and forecasts. Here's how Tango's reports support these functions. Accounting Schedule Detail Report Tango Lease can automatically generate lease-specific accounting schedules according to FASB-840/IAS or FASB- 842/IFRS standards for operating and finance leases. This simplifies the process of investigating a lease obligation right of use asset and amortization schedule. Accounting Schedule Summary In addition to examining individual lease schedules, your lease accountants need easy access to this data for your entire portfolio, so they can prepare monthly journal entries. The Accounting Schedule Summary report pulls together lease data f rom across your portfolio to display FASB-840/ IAS or FASB-842/IFRS operating and finance lease schedules during a specific period. Lease accounting reports

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