Our Accounting Module provides you with a complete lease financial reporting system, including schedules for straight line and capitalization of payment and receivable streams. Automatically create coded check and invoice records which can be fed to virtually any accounting system including Oracle, SAP, Lawson, Great Plains, and QuickBooks, as well as journal entries to keep your general ledger, P&L, and balance sheet up to date. DataNet’s contract accounting module allows you the flexibility to make managerial accounting [...]
For complex contract accounting, we’ve brought together tools that contract and lease administrators need to automate multiple payment, billing, and booking scenarios for complex contracts like retail leases and rack space including: Index-based variable escalations Revenue Sharing between and across agreements Straightlining and Capitalization of leased assets Overage Rent, Percentage Rent, and Formula-based variable recurring payments Currency Support for Multi-National holdings New approval process tools British Quarter frequencies and More...
Large contract portfolios require fast navigation. You can drill to the contract or group of contracts you need quickly and easily with DataNet's Portfolio Navigator. Group and sort contracts and create your own listings and even a map view you can access with a single click. With Portfolio Navigator you can: Create, edit, and save custom listing of your contracts Group and filter by any data Locate your site based agreements on a map, or integrate [...]
Your business depends on keeping your contracts all up to date and organized in an orderly fashion. This is just sound business practice. Some contracts are simple in their design and others are more complicated. Going through each of them separately has to happen initially, but to repeat this process over and over again takes up a lot of time and causes your business run less efficiently. The best solution to streamline your operations is to [...]
DataNet has been publishing our sophisticated yet simple to use contract management software since 1999 in a suite of web based modules that offer our clients total control of their contracts and the assets that they represent. As automated contract portfolio management increasingly becomes a necessity among mid-size to large corporations, DataNet’s LeaseNet and ContractNet database solutions are deployed as invaluable systems for departments and cross functional teams seeking visibility into critical operating assets whose ownership may [...]
Businesses that manage multiple accounts depend upon contractual agreements with customers and other businesses. There is a certain amount of legalese required to ensure the mutual safety and protection of each party which is entering into the agreements. Some of the more complex contracts may be more difficult to manage because of the language which is used when drafting them. These are the documents which can eat up time and resources when sifting through them to [...]
LeaseNet now has integrated FASB 842 compliant calculations for Type B – Operating Leases, and can produce your Right Of Use, Liability, and other schedules under the new lease accounting rules. You can try the calculator at the new ContractNet.IO website. The free calculator allows anyone to produce and download the schedules for one lease at a time. Integrated with LeaseNet, the module gives companies the ability to: Synchronize your recurring and non-recurring payment data and [...]
Watch our video explaining how LeaseNet works. Schedule audits and transactions, collaborate with tasks and documents, track and manage time sheets, and keep your workflow moving and organized with LeaseNet and ContractNet Projects. Project and workflow management, including user configurable templates, roles, and teams, is included with Enterprise subscriptions and installations of LeaseNet and ContractNet.