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Selecting a Product Type

When to select Lease Accounting or Lease Accounting Verification

Firm Administrators are prompted to select a product type when adding a new client account to Crunchafi Lease Accounting. This can also be changed when editing a client account. 

Lease Accounting

Full version of the software, with all features enabled. Exports include:

  • Journal Entries

  • Amortization Schedule

  • Footnote Disclosures

  • All Lease Data

Lease Accounting Verification

If a client utilizes a solution other than Crunchafi Lease Accounting for their lease accounting calculations, Lease Accounting Verification can be used to audit a sample size of that client's lease portfolio. Lease Accounting Verification includes all Crunchafi Lease Accounting features with the following restrictions/requirements:

  • Exports are limited to the Amortization Schedule and All Lease Data. 

  • Must be used for a subset of the client's lease portfolio.

  • Must have a signed pricing agreement on file to use Lease Accounting Verification.

The client account can be changed from Lease Accounting Verification to Lease Accounting or vice versa at any time by a Firm Administrator. 

See the attached Lease Accounting Verification Solution Sheet for more information on the value proposition and use cases.