Sage Intacct and iLeasePro Announce Major Integration Enhancement

Sage Intacct Dimensions feature is fully integrated with iLeasePro
 
iLeasePro - Lease Accounting for the FASB ASC 842
iLeasePro - Lease Accounting for the FASB ASC 842
BOSTON - Dec. 2, 2018 - PRLog -- iLease Management LLC ("iLease"), developer of iLeasePro, an enterprise cloud-based Lease Management and Accounting solution, has announced a major step forward in its strategic partnership and integration with Sage Intacct, a leader in cloud-based financial management and accounting software. iLease has released the capability to take advantage of Sage Intacct's dimension feature to seamlessly track and report lease related financial and operational data.

The Sage Intacct dimension feature offers an entirely new way to track and report on financial and operational data, while simplifying the user's chart of accounts. With dimensions, a user "tags" a transaction with certain designations such as department, location, etc., without the need to expand the chart of accounts. By adding this new feature, an iLeasePro user can tag any dimension to the general ledger accounts associated with the lease.  Once tagged, the iLeasePro user can automatically generate the journal entries with the dimensions and via webservices, upload the journal entries into the Sage Intacct general ledger.

"We are excited that we have made a major step forward in our integration with Sage Intacct," stated Sean Egan, Managing Partner iLease Management LLC. "It was clear in speaking with Sage Intacct users that the dimensions is such an important feature to their operating efficiency and reporting. Adding dimensions to iLeasePro only strengthens the seamless synchronization of key lease accounting data between the two solutions."

"We are pleased iLeasePro continues to enhance their integration with Sage Intacct.   As the requirements for monitoring and tracking lease details expand, iLeasePro's enabling the power of Sage Intacct Dimensions will improve reporting and insight for our mutual customers." Chris Rose, Vice President of Business Development at Sage Intacct

About iLease Management LLC
iLease Management LLC, developer of iLeasePro, is an internet technology company founded in 2012 and is in the business of making it easier for lessee firms to manage the lease lifecycle of real estate and equipment leases and comply with the FASB ASC 842 Lease Accounting changes. iLeasePro's innovative approach to comprehensive lease management is designed to promote organizational collaboration and efficiency through the application of a state-of-the-art cloud-based technology solution. iLease Management is headquartered in Boston, MA. For more information, please visit http://www.iLeasePro.com.

Contact
iLease Management LLC
John Meedzan, Managing Partner
***@ileasepro.com

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Tags:Lease Accounting, Sage Intacct, FASB ASC 842
Industry:Business
Location:Boston - Massachusetts - United States
Subject:Features
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