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This app has been very helpful in tracking various forms and schedules in one place. I couldn't always access a particular form but generally, this was a great way to do a one-stop-shop for tax forms.
2018-04-06
What do you like best?
This app has been immensely useful. There have been times when I am not at my desk and needed to fill out some forms and this app allowed to me to do so right on my phone. This is life saving productivity.
What do you dislike?
The only thing I disliked was the many screen you need to go through to finally start using it. Other than that, the app is great.
Recommendations to others considering the product:
It is a great app. It just takes a few minutes of patience to get through the screens.
What problems are you solving with the product? What benefits have you realized?
The business problems this app solves is the ability to conduct business anywhere. You are no longer constraint to your desk or an office. This allows for travel and connectivity almost anywhere.
This app has been immensely useful. There have been times when I am not at my desk and needed to fill out some forms and this app allowed to me to do so right on my phone. This is life saving productivity.
What do you dislike?
The only thing I disliked was the many screen you need to go through to finally start using it. Other than that, the app is great.
Recommendations to others considering the product:
It is a great app. It just takes a few minutes of patience to get through the screens.
What problems are you solving with the product? What benefits have you realized?
The business problems this app solves is the ability to conduct business anywhere. You are no longer constraint to your desk or an office. This allows for travel and connectivity almost anywhere.
2018-10-29
Highly Recommended
Excellent experience. It saves me a great deal of time. Cost effective.
The software is very easy to use. A real timesaver.
Sometimes it is a little slow in saving/processing various functions.
2019-01-21
This is a very handy tool
This is a very handy tool, the only problem is the price, you could give a discount for students or something, otherwise a very lifesaving thing.
2024-06-14
good experience but sometime when you try to change something it's changing also the font and the size. some pictures disapear or become completly black so unuseful. There are some things to correct in your application
2023-09-15
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What problems is the product solving and how is that benefiting you?
I no longer need to waste paper to download a form, and fill it out. Normally I would need to do this, then scan it back to myself. now I can upload, edit, and sign the form which saves a lot of time.
2022-11-07
the erase feature should be slightly…
the erase feature should be slightly work on, like we being able to completely erase elements and not just shading it with colors.
2022-03-11
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The price at the beginning was a bit high for us but all the functionalities make the price worth because of all the actions it helps me to do in seconds rather to find it different software to complete the same task.
2021-02-11
Appreciate their support and trustworthy
I used their services and subscribed annually by mistake but when I asked to cancel the order and refund amount, they immediately processed the refund. I really appreciate.
2021-01-02
Separate Highlight Lease Feature
The Separate Highlight Lease feature offers an efficient way to manage properties while ensuring clarity and flexibility for all parties involved. This innovative tool simplifies the leasing process, making it easier for you to showcase specific aspects of your property.
Key Features
Allows customization of lease terms for specific areas or features
Provides clear documentation for all parties
Enhances property visibility with targeted highlights
Streamlines communication between landlords and tenants
Facilitates quick updates to lease details
Potential Use Cases and Benefits
Landlords can offer tailored leases for different units or amenities
Real estate agents can present properties more effectively
Property managers can easily adapt leases based on tenant needs
Tenants gain a clear understanding of their obligations and rights
Investors can showcase unique selling points of their properties
This feature addresses common leasing challenges by providing a straightforward solution. With Separate Highlight Lease, you remove confusion and enhance communication, ensuring that everyone knows their responsibilities. Feel confident when managing your properties, knowing you have a tool that promotes transparency and understanding.
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What is a lease under ASC 842?
Under ASC 840, FAST permitted operating leases to be reported only in the footnotes of corporate financial statements. Under ASC 842, the only leases that are exempt from the capitalization requirement are short-term leases less than or equal to 12 months in length.
What is a lease ASC 842?
ASC 842 provides the requirements of financial accounting and reporting for lessees and lessors and comprises five Subtopics (Overall, Lessee, Lessor, Sale and Leaseback Transactions, and Leveraged Leases Arrangements). Below is an overview of each Subtopic.
What does ASC 842 do?
ASC 842-30 specifies the proper accounting by lessors of leases classified as sales-type leases, direct financing leases, or operating leases. For sales-type and direct financing leases, the lessor should recognize the underlying asset and recognize or defer additional profits and expenses associated with the lease.
Is software a lease under ASC 842?
The fact that the contract is perpetual means that it is not for a specific period of time, and, therefore, the right does not meet the definition of a lease. Careful consideration should be given when evaluating land easements under ASC 842 as terms and conditions may vary greatly between agreements.
What is a lease modification?
A lease modification is a change in the scope of a lease, or the consideration for. A lease, that was not part of its original terms and conditions. Common lease. Modifications include, for example: increasing the scope of the lease by adding the right to use one or more.
How are leases treated for income tax purposes?
For tax purposes, an operating lease will be treated as a true lease, with the lessor maintaining ownership of the asset and depreciation deductions, while the lessee has deductions related to rental payments. ... The lessor would recognize interest income in this situation.
What does ASC 842 stand for?
Accounting Standards Codification Topic 842, also known as ASC 842 and as ASU 2016-02, is the new lease accounting standard published by the Financial Accounting Standards Board (FAST).
Does ASC 842 replace 840?
Overview. ASC 840 is the previous lease accounting standard governing companies that file under US Generally Accepted Accounting Principles (US GAAP). ASC 842 replaced ASC 840 for public companies starting on January 1, 2019. Private companies will follow starting January 1, 2020.
What is the new leasing standard?
WHAT ARE THE CORE PRINCIPLES OF THE NEW STANDARD? The new standard will require organizations that lease assets referred to as lessees to recognize on the balance sheet the assets and liabilities for the rights and obligations created by those leases.
What is the difference between ASC 842 and IFRS 16?
IFRS 16 vs ASC 842 Their main differences relate to how lessees will record leases. For instance, while ASC 842 distinguishes between finance leases and operating leases in financial statements, IFRS 16 requires that all leases be treated as finance leases.
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