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Crunchafi + Thomson Reuters

Automated lease accounting connected to
Guided Assurance and Engagement Manager

Lease data in. Journal entries, rollforwards, and documentation out. Crunchafi Lease Accounting connects with Thomson Reuters Guided Assurance so firms can automate ASC 842 procedures, standardize workpapers, and keep lease work aligned with Cloud Audit Suite.

Crunchafi + Thomson Reuters Guided Assurance Partnership
Crunchafi + Thomson Reuters Guided Assurance Partnership

How the Crunchafi x Thomson Reuters
partnership helps your firm

Automated Lease Accounting

Automate ASC 842 procedures

Turn PPC lease checklists into guided workflows. Crunchafi automates key ASC 842 procedures, from lease inventory and classification through journal entries, roll forwards, and disclosures.

Crunchafi works with Thomson Reuters Guided Assurance

Launch Crunchafi from Guided Assurance

When staff reach PPC lease procedures in Guided Assurance, they can click through to open Crunchafi on the correct client, follow step-by-step instructions, then push completed reports and journal entries directly back to Engagement Manager. No manual downloads. No file switching.

Policy-aligned lease schedules

Standardize documentation

Generate policy-aligned support every time. Crunchafi centralizes lease schedules, amortization tables, journal entries, and memo documentation so files look the same across teams, offices, and engagement years.

A clear trail from PPC to final workpapers

Strengthen file quality

Reduce last-minute scramble around leases. With automated calculations and structured documentation, firms improve consistency, reduce review time, and create a clear trail from PPC procedures to final workpapers.

The partnership story

Crunchafi and Thomson Reuters are working together to make lease accounting simpler for audit teams that rely on Guided Assurance. Crunchafi Lease Accounting brings proven ASC 842 automation. Thomson Reuters Guided Assurance brings the PPC methodology and Cloud Audit Suite where firms already manage their engagements.
 
This partnership is designed to turn lease procedures into a guided, repeatable workflow. Audit teams can inventory leases, automate the calculations, and push complete support back to Engagement Manager directly from Crunchafi. Leases become a normal part of the file rather than a one-off project.
 
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Making all the difference

Here’s where Crunchafi  + Thomson Reuters stands out for CPA firms.

Without Crunchafi Lease Accounting

Lease data scattered across spreadsheets and emails
Manual ASC 842 calculations and updates
Higher risk of errors in schedules, journal entries, and disclosures
Lease support disconnected from Guided Assurance files
Teams rebuilding and reconciling schedules every year, burning time and budget

With Crunchafi + Guided Assurance

Centralized lease data in Crunchafi, launched directly from Guided Assurance
Automated ASC 842 calculations and ongoing updates
Consistent, validated schedules, journal entries, and disclosures
Completed reports and workpapers pushed directly to Engagement Manager from Crunchafi
Reusable workflows and schedules, reducing rework and saving time and budget

Automate your financial operations today

See Crunchafi’s suite of intuitive financial and accounting products in action and spend less time buried in spreadsheets.

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FAQs

Quick answers to your questions about our partnership.

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What is the Crunchafi and Thomson Reuters partnership?

Crunchafi and Thomson Reuters are collaborating to bring automated lease accounting workflows to firms using Guided Assurance. Crunchafi Lease Accounting handles the ASC 842 calculations, schedules, and journal entries while Guided Assurance provides the methodology-driven engagement environment. Together, they are designed to help firms standardize lease procedures and documentation inside the Cloud Audit Suite.

 

How does this integration improve lease accounting efficiency?

Instead of managing leases in separate spreadsheets and uploading support at the end, firms use Crunchafi to centralize lease data and automate the calculations. The resulting schedules, journal entries, and documentation push directly to Engagement Manager so lease work can be reviewed and signed off in a consistent way, without manual uploads.

 

Who benefits most from using Crunchafi with Guided Assurance?

Audit teams and technical accounting groups that manage ASC 842 for multiple entities or locations benefit the most.

Firms using Guided Assurance gain a way to automate leases without rebuilding processes from scratch. Staff launch Crunchafi from within lease procedure steps, complete the work with in-app guidance, then push finished reports to Engagement Manager. Firms still on Legacy PPC can use the PPC Methodology Playbook today and pick up the in-app integration when they migrate to Guided Assurance.

 Clients gain clearer expectations and fewer back-and-forth requests as leases are handled through a structured, repeatable workflow.

I use Legacy PPC, not Guided Assurance. Does this partnership apply to me?

Yes. Crunchafi is Thomson Reuters' official Methodology Automation Partner for leases regardless of which PPC product your firm uses. Firms on Legacy PPC can use the PPC Methodology Playbook today. It provides step-by-step guidance for completing PPC lease procedures inside Crunchafi and generating standardized documentation. When your firm migrates to Guided Assurance, the in-app integration is ready. You can launch Crunchafi directly from lease procedure steps and push completed reports to Engagement Manager without any manual file handling.