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Dorian Andrews

2019-02-25

What do you like best?
The ablitiy to be able to edit documents in PDF format is great. Saving time. When we are bidding on a job i can use the form provided to us from the client. Very easy to use and has worked well ever time I have neede it. Another great feature is that the PDF filler is auto saved in your online profile... so you can take the documents with you.
What do you dislike?
some times when you go to open the PDF from my email directly... it does not up load... so then I have to down load the pdf on to my computure, open PDF fill web app then upload file..... not sure why it does this but it has happened more often lately than it did before.
Recommendations to others considering the product:
It would be great if the filler could be able to authenticate docuements, a big one for us is Bonding, When we submit a bond they require an e-bonding ( look it up) the ebond authenicates the signatures from 3 different parties and leave a digital paper trail that can be confrimed by the client. We recently had to do this and the one website mobile bonds.com has an interface that is not user freindly for set up... and we had to spend countless time with the tech on the phone for the first few bonds. If the filler is able to do this that would be great.
What problems are you solving with the product? What benefits have you realized?
Allowing us to make our bid proposals look great, avoid hand writing in documents, setting us apart from the rest. we also can share the file with my staff making it even better

5

Kenneth T.

2019-11-09

Great Product This software has helped mainly with electronic signature creation but also with overall PDF edits. The software offers a number of options for editing PDFs and is fairly user-friendly. It has an easy layout. I do not like the fact that the software can lag when working with slightly larger documents. It can also be time-consuming to learn more advanced features.

5

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How do you account for equipment lease?

The equipment account is debited by the present value of the minimum lease payments and the lease liability account is the difference between the value of the equipment and cash paid at the beginning of the year. Depreciation expense must be recorded for the equipment that is leased.

Is equipment lease an expense?

The lessee records the leased right as an item of property, plant, and equipment, which is then depreciated over its useful life to the lessee. Short-term leases are known as operating leases. Rent is simply recorded as rent expense as incurred and the underlying asset is not reported on the books of the lessee.

Is a lease an asset or expense?

Accounting: Lease considered an asset (leased asset) and liability (lease payments). Payments are shown on the balance sheet. Tax: As owner, lessee claims depreciation expense, and interest expense.

Is leased equipment considered an asset?

The leased equipment is not shown as an asset on the company's balance sheet. This is always viewed as a “true lease” by the IRS, and the company (the lessee) cannot take the tax benefits of ownership.

What is equipment lease?

An equipment lease agreement is a contractual agreement where the lessor, who is the owner of the equipment, allows the lessee to use the equipment for a specified period in exchange for periodic payments. The subject of the lease may be vehicles, factory machines, or any other equipment.

Where does lease equipment go on the balance sheet?

The leased equipment is not shown as an asset on the company's balance sheet. This is always viewed as a “true lease” by the IRS, and the company (the lessee) cannot take the tax benefits of ownership.

Where are leases on the balance sheet?

Capital leases are classified under the “fixed assets” or “plant, property and equipment” heading in the assets section of a small or large company's balance sheet.

Do leased assets go on 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 the lease term.

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