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I'm looking for a form I've yet to find. KNOW there must be a form put out "Offer to Purchase & contract that is put out for Real Estate Brokers who are NOT REALTORS. Help!
2014-07-22
Just started using the program today. Easy so far. A little problem with the aligment of fields. It would have been great to use the "tab" key to toggle between fields.
2015-01-28
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2017-11-28
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I love the features and ability to make quick work of my duties.
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Needs more available form templates for agreements.
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Editing and fax are awesome!
I love the features and ability to make quick work of my duties.
What do you dislike?
Needs more available form templates for agreements.
What problems are you solving with the product? What benefits have you realized?
Editing and fax are awesome!
2019-05-28
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2022-03-26
i retrieved a form and subscribe, but since doing so this really isnt exactly what i'm looking for, i need commercial cleaning contracts and cant seem to find them.
2020-09-02
I was freaking out that I couldn't save…
I was freaking out that I couldn't save my work on a PDF for a scholarship app, but after finding this, I am very happy and calm.
2020-04-17
Introducing the Spreadsheet Lease Feature
The Spreadsheet Lease feature simplifies managing lease agreements with ease and efficiency. This tool offers a straightforward solution for tracking lease terms and payments while ensuring your information stays organized.
Key Features of the Spreadsheet Lease Feature
User-friendly interface for easy navigation
Customizable templates tailored to your needs
Real-time collaboration for team access and updates
Automated reminders for payment due dates
Secure cloud storage for easy retrieval and backup
Potential Use Cases and Benefits
Track commercial property leases more effectively
Manage residential leases with detailed payment histories
Collaborate with teams on lease agreements without confusion
Simplify expense management associated with leasing properties
Enhance record-keeping for audits and compliance
This feature addresses the challenges of lease management by providing a clear overview of all lease-related information. You can now prevent missed payments and organize documents without hassle. By adopting the Spreadsheet Lease feature, you gain control over your assets, save time, and reduce stress.
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How do you account for a lease on the balance sheet?
Assets being leased are not recorded on the company's balance sheet; they are expensed on the income statement. So, they affect both operating and net income. Other characteristics include: Ownership: Retained by lessor during and after lease term.
How is a lease treated on a balance sheet?
A capital lease (or finance lease) is treated like an asset on a company's balance sheet, while an operating lease is an expense that remains off the balance sheet. ... They depreciate over time and incur interest expense. Interest is found in the income statement, but can also be calculated through the debt schedule.
Do operating leases appear on the balance sheet?
Currently, operating leases are considered off-balance sheet transactions in which the obligation is not recorded as a liability on the balance sheet; rather a footnote disclosure is embedded within the financial statements. The exposure draft treats operating leases similar to capital leases.
Is a leased vehicle considered an asset?
When you purchase a vehicle, it becomes an asset, and you own it, though a finance company may have an interest in it if you have a loan. Because ownership of a leased car doesn't pass to you, it isn't your asset. Lease payments are, however, a monthly expense or liability.
How is an operating lease accounted for?
Operating lease accounting. The accounting for an operating lease assumes that the lessor owns the leased asset, and the lessee uses the asset for a fixed period of time. Based on this ownership and usage pattern, we describe the accounting treatment of an operating lease by the lessee and lessor.
How do you adjust operating leases?
By capitalizing an operating lease, a financial analyst is essentially treating the lease as debt. Both the lease and the asset acquired under the lease will appear on the balance sheet. The firm must adjust depreciation expenses to account for the asset and interest expenses to account for the debt.
How do you account for a lease?
Calculate the present value of all lease payments; this will be the recorded cost of the asset. Record the amount as a debit to the appropriate fixed asset account, and a credit to the capital lease liability account.
How do you record a lease in accounting?
Calculate the present value of all lease payments; this will be the recorded cost of the asset. Record the amount as a debit to the appropriate fixed asset account, and a credit to the capital lease liability account.
What type of account is a lease?
A lease is a type of transaction undertaken by a company to have the right to use an asset. In a lease, the company will pay the other party an agreed upon sum of money, not unlike rent, in exchange for the ability to use the asset. In accounting are operating and financing (capital lease) leases.
Is a leased vehicle an asset?
When you purchase a vehicle, it becomes an asset, and you own it, though a finance company may have an interest in it if you have a loan. Because ownership of a leased car doesn't pass to you, it isn't your asset. Lease payments are, however, a monthly expense or liability.
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