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2016-03-27
Have been able to add signatures change dates and update pertinent information on the documents. Have not used extensively, but have been able to do everything I wanted so far. Good product!
2017-04-30
So far it works great! There's a bit of a learning curve, but I was able to chat with a support rep even though it was late at night. He helped explain how I could achieve my goals for our Robotics team engineering notebook forms.
2018-08-16
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2019-01-27
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2019-05-16
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2021-08-23
The software could use some updating. It is not the easiest to edit the document. The app also kept crashing on me and I had to start all over again. It was very frustrating.
2021-05-02
Only use quarterly for one customer, would attend/watch a webinar or tutorial to make it more user friendly and see if it would work with other customers
2021-01-20
I've been very happy with this product! It has helped me tremendously file insurance claims and do work since my husband has been in the hospital since 5/30/20. I did the free trial but will be purchasing it for the year.
2020-06-27
Pack Footnote Lease Feature Description
The Pack Footnote Lease feature provides a streamlined approach to managing leasing agreements. Designed for efficiency and ease, this feature enhances your experience by simplifying documentation and administration processes.
Key Features
Easy tracking of lease agreements
Automated reminders for lease renewals
Customizable document templates
Secure storage for important lease files
User-friendly interface for quick access
Use Cases and Benefits
Landlords can manage multiple properties effortlessly
Businesses can keep track of equipment leases with ease
Homeowners can organize residential lease details efficiently
Real estate agents can provide quick access to lease documents for clients
Accountants can streamline reporting and financial tracking related to liabilities
The Pack Footnote Lease feature addresses common challenges in managing leases. It eliminates confusion and reduces the risk of missed deadlines. By offering organized storage and automated reminders, it helps you stay on top of your leases, allowing you to focus on what truly matters.
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What is a lease disclosure?
Lease disclosures under the new standard (ASC 842) are intended to give financial statement users a better understanding of an entity's leasing activities, helping them assess the amount, timing, and uncertainty of cash flows arising from leases.
What is a lease disclosure statement?
The purpose of a disclosure statement is to provide tenants with an overview of the key commercial terms of the lease whilst highlighting any significant or important terms and disclosing the likely operating expenses (or outgoings) which are often payable in addition to the rent.
What is a landlord's disclosure statement?
The disclosure statement is a document that a landlord has to provide you as the incoming tenant of retail premises. It provides a summary of the major commercial terms of the lease. You should review your disclosure statement carefully before entering into a lease.
What is in a disclosure statement?
DEFINITION of Disclosure Statement A disclosure statement is also a document outlining the specific terms and conditions of a loan, including its interest rate, any fees, the amount borrowed, insurance, and any prepayment rights and the responsibilities of the borrower.
What is a landlord required to disclose?
By law, landlords must disclose certain information about their rental properties to prospective tenants. All renters have the legal right to know about certain conditions and history of the property they are about to rent. Most disclosures center on issues that can affect the health and safety of occupants.
How do you calculate weighted average discount on a lease?
To calculate this disclosure, a lessee should, on a lease-by-lease basis, multiply the remaining payments by the discount rate. This amount is divided by the sum of remaining payments, resulting in the weighted-average discount rate.
How do you calculate weighted average remaining lease?
Weighted Average Remaining Lease Term means, as of any date of determination, the result of (a) the sum for all Aircraft of (i) the Appraised Value for each Aircraft multiplied by (ii) the Remaining Lease Term of such Aircraft divided by (b) the aggregate Appraised Value of all Aircraft, as of such date.
How is incremental borrowing rate determined?
The company has to determine the incremental borrowing rate, defined as 'The rate of interest that a lessee would have to pay to borrow over a similar term, and with a similar security, the funds necessary to obtain an asset of a similar value to the righto fuse asset in a similar economic environment.'
How do you calculate interest rate implicit in a lease?
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How to calculate interest rate implicit in the lease — YouTube
How do you calculate present value of lease payments?
Step 1: Create your table with headers. ...
Step 2: Enter the correct numbers in the Period column. ...
Step 3: Insert the PV function. ...
Step 4: Enter the Rate, Per PMT and FM. ...
Step 5: Sum the Present Value column.
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