Trullion: The World’s First AI-powered Lease Accounting Platform
by Shoshi Goldstein
May 3rd, 2021
Trullion is the world’s first AI-powered lease accounting platform. Our software allows you to drag & drop any PDF or Excel file, and the AI will automatically detect critical data for accounting automation.
Our 1-click workflow produces Right-of-Use Asset, Liability and other financial data instantly under ASC 842, IFRS 16 or GASB 87.
Your journal entries are accessible for seamless integration into your ERP. Click on a Report, and access data like a Disclosure or Roll-Forward analysis.
Click on any cell within the Excel output, and drill-down into the accounting formula, back into the source data, and even back into the source document!
Accelerate your accounting and audit process with Trullion’s AI-powered Lease Accounting platform.
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Preparing for Lease Audit Procedures under ASC 842
By Lee Greene | September 26th, 2021
With a new lease accounting standard – ASC 842 – in place, accounting and finance teams know that this area is one that is likely to get more attention than usual from the auditors. It’s therefore critical to ensure that this section of the books is fully audit-ready, and that you are prepared for the audit procedures likely under ASC 842.
Accounting for Operating Leases under ASC 842
By Lee Greene | September 19th, 2021
In this article, we’ll go over the main requirements when it comes to accounting for operating leases under ASC 842. We’ll also look at some tips and best practices to ensure that your ASC 842 compliance is seamless and smooth.
ASC 842 vs ASC 840: How to Ensure a Smooth Transition
By Moshe Freedman, CPA | September 12th, 2021
With ASC 842 coming into effect and effectively replacing ASC 840, things have changed dramatically. In this article, we’ll look at the differences between ASC 840 and ASC 842, with a specific focus on ensuring the smoothest ASC 842 compliance journey possible.
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