Lease accountant

The lease accountant is the user role that typically manages the accounting details and activities for real estate (RE) and asset leases.

The primary responsibility of the lease accountant is to review applicable lease accounting data on a lease, lease classification, and the generation and review of the accounting schedules on a lease. The lease accountant may also manage the Governmental Accounting Standards Board (GASB) data, Financial Accounting Standards Board (FASB) data, and International Accounting Standards Board (IASB) data to manage the journal entry creating and review process. This responsibility includes verifying that assumptions are reviewed, options are planned, and renewals are evaluated.

When you log in as a Lease Accountant role, your home portal is the Lease Accounting Manager portal. An example of the Lease Accounting Manager portal includes the following portal sections:
  • Reminders – Lease Accounting Manager
  • Related Links – Lease Accounting Manager
  • Local Reporting For Real Estate Leases
  • Local Reporting For Asset Leases
  • Last Visited
  • My Lease Reviews
  • Lease Financial Summary
  • 10K Financial Report
Tip: If the local reporting sections are not needed, click Personalize and delete the unwanted sections.