Hubler Blogs

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Lease Management

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Navigating the Maze: Breaking a Commercial Lease Made Easy with LeasO

Discover your options for breaking a commercial lease and simplify the process with LeasO, a comprehensive lease management software. From negotiating with your landlord to subleasing and legal considerations, streamline your lease termination with LeasO's powerful tools and centralized document management.

ASC 842 Lease Identification: Streamline Your Process with These 4 Steps

Learn the essential steps to accurately identify leases under ASC 842, ensuring compliance and efficient lease management. Discover how LeasO's innovative lease management software streamlines the process.

Navigating ASC 842: How Lease Accounting Changes Affect Debt Covenants and Bank Capital Requirements

The implementation of the Accounting Standards Codification (ASC) 842 has brought significant changes to lease accounting practices. With the revised guidelines, organizations are required to…

How Space Utilization Analytics Help Level Up Your Real Estate Strategy

Discover how space utilization analytics can revolutionize your real estate strategy. Learn how LeasO's lease management software empowers businesses with data-driven insights, optimizing space allocation, reducing costs, and enhancing tenant experiences.

How to Perform a Lease Classification Test with LeasO

Discover the benefits of using LeasO, a lease management software, to streamline the process and ensure compliance. Optimize your lease accounting and financial reporting with confidence.

Simplifying the Assessment of Materiality and Recognition Thresholds

Discover how to assess materiality and recognition thresholds in lease management effectively. Streamline the process and ensure compliance with the help of lease management software.

Top 3 Challenges With Commercial Lease Management

Looking to overcome challenges in commercial lease management? Discover how LeasO lease management software simplifies your job. Streamline lease document organization, automate term tracking, and streamline financial management with LeasO.

3 Must-Have Attributes in Real Estate Management Software

Discover the three must-have attributes in real estate management software and how LeasO can revolutionize your processes. Streamline lease management, enhance financial visibility, and improve tenant relationships. Read now for a comprehensive guide!

Choosing the Right Lease Accounting Software: A Comprehensive Guide for Businesses

Discover how to choose the right lease accounting software with our comprehensive guide. Streamline operations, ensure compliance, and enhance efficiency with lease management software like LeasO. Read now!

Mastering Lease Accounting: How LeasO Revolutionizes The Lifecycle of Lease

Streamline lease acquisition, administration, accounting, and reporting for efficient and error-free operations with LeasO, the powerful lease management software.

5-Step Guide to Streamline Initial Lease Measurement with Leaso

Optimize lease accounting with Leaso. Simplify initial lease measurement, automate calculations, ensure compliance, and streamline lease data management......

ASC 842 Survival Guide: Harnessing LeasO for Subsequent Measurement Success

Explore how lease management software simplifies subsequent measurement of leases under ASC 842 guidelines. Streamline lease accounting, automate calculations, and ensure compliance effortlessly in this insightful blog.

Mastering Lease Accounting for Foreign Exchange Rates with LeasO
May 25, 2023

Optimize lease accounting for foreign exchange rates in the USA market with lease management software. Streamline workflows, ensure compliance, and enhance financial visibility.

Subleasing Made Easy: How LeasO Enhances Office Space Management
May 24, 2023

Discover the benefits of subleasing office space and streamline the process with lease management software. Save costs, gain flexibility, and access prime locations in the market. Learn more!

The Power of Lease Accounting: Maximizing Efficiency in the Lease Life Cycle
May 23, 2023

Unlock the benefits of lease management software like LeasO and learn how lease accounting plays a crucial role in optimizing the lease life cycle. Explore streamlined processes, enhanced compliance, and improved decision-making in the market. Maximize efficiency and unlock financial success.

ASC 840 vs 842: What You Need to Know
Vinay Aggrawal

If you’re running a business or just want to understand these standards, this article will provide you with a comprehensive overview of ASC 840 vs 842.

Squatter Rights: Understanding Squatting and How to Navigate It
Viany Agarrwal
March 23, 2023

In this article, we'll cover what a squatter is, what squatter rights are, how to navigate squatters, how to evict a squatter, which states have squatters' rights, and the difference between squatting and trespassing.

Section 8 Property Managers: What They Do and How to Find Them
Vinay Aggarwal
March 17, 2023

This article will explain what Section 8 housing is, the requirements for landlords and tenants, the advantages and downsides of Section 8 property management, and how to find a Section 8 property manager.

What is Capitalized Lease Method And How Does It Work?
February 28, 2023

The capitalized lease method serves as an efficient method of accounting for leases. Fundamentally, the lease obligation of a corporation gets recorded as an asset under this method of accounting. This article talks about the capitalized lease method, discusses capitalized lease obligations, explains its workings, and uses an example to illustrate the concept.

Your Guide To Calculating Journal Entries For Operating Leases
February 22, 2023

In this article, we will go through the primary requirements and steps to be followed while accounting for operating leases and making journal entries precisely, in accordance with ASC 842.

Your Definitive Guide to Understanding GASB 96 SBITA
February 20, 2023

The recent GASB 96 SBITA has been released keeping in mind the rapid digital revolution and enhanced usage of subscription-based information technology arrangements (SBITA). SBITA or subscription-based information technology arrangements can be understood as a contract allowing one party to use a vendor's information technology software alone or in combination with its tangible capital assets.

Accounting for Capital Leases: What You Need to Know
February 16, 2023

Accounting for capital leases refers to a method in which a company treats assets that it has leased from a lessor in accordance with a capital lease agreement. Here is a comprehensive guide that covers all aspects associated with capital leases, from accounting treatment to examples.

Understanding Lease Accounting: Significance, Standards, and Examples
February 14, 2023

The term "lease accounting" is the process through which a business keeps track of the financial implications of the leasing endeavors. In this extensive guide on lease accounting, we discuss what it is, its implications, and the key differences between lease accounting under old vs. new standards.

Understanding Rental Concessions: Meaning, Types, Pros, and Cons
February 10, 2023

A rental concession is a compromise a property owner makes to the terms of a lease agreement intended to entice tenants. This guide covers the meaning and prominent types of Rental Concessions, as well as its pros and cons.

Embedded Leases: Implication, Identification, and Examples
February 6, 2023

A simple definition of an embedded lease would be a lease contained within a more extensive contract or agreement. This guide contains definition, identification and implication of embedded leases, along with its example and types of contracts typically included in it.

Here is Everything You Need to Know About Lease vs. Buy Analysis
February 4, 2023

In a lease arrangement, the lender allows the lessee to use the asset for a fixed period in exchange for a specific period while still owning the legal ownership of the asset. Unlike leasing, the owner here acquires and buys the product/asset/service in exchange for money. In this article you will find key differences of Lease vs. Buy analysis, their pros and cons and factors to consider.

Lease Amortization Schedule: What is it and How is it Calculated?
February 2, 2023

Amortizing a lease is the procedure of paying off a debt gradually through a series of payments scheduled at regular intervals. This article talks about the lease amortization schedule and how to handle its intricacies.

Rent Abatement 101: Understanding the Basics for Commercial Properties
January 30, 2023

Under the rent abatement provision, a tenant is allowed to suspend all rent payments for a stipulated time or only pay a percentage of the rent. Learn more about rent abatement, it's types and terms in this guide.

Sales Leaseback: What it is and Who Can Benefit from it
January 28, 2023

Under the sales leaseback arrangement, a seller sells an asset to a buyer, who then agrees to lease back the asset to the original seller immediately. This guide covers the definition and types of sales leaseback, who can benefit from it and how does it work?

Here's Everything You Need to Know About GASB 87
January 26, 2023

The GASB 87 mandates all leases with terms longer than a year to be represented as liabilities and right-of-use (ROU) assets, in an effort to make financial information more actionable. This extensive guide on GASB 87 covers all crucial aspects of this lease accounting standard.

‍What is ASC-842 And What Assets Comes Under It?
January 24, 2023

Master the new lease accounting standard with our ultimate guide to ASC 842. Learn everything you need to know about compliance and implementation today.

The Ultimate Guide to Lease Incentives: Meaning, Types, and Examples
January 22, 2023

Learn about lease incentives and how they can benefit both landlords and tenants in the real estate industry. Read more at LeasO.

Tenant Improvement Allowance - What All Does it Cover?
January 12, 2023

Tenant improvement allowance means funds granted to a tenant by a property owner to help with the renovations made to the office space. Here is a comprehensive guide that covers several facets of the Tenant Improvement Allowance (TIA), what it covers, how it's paid and negotiated, and much more.

Everything You Need to Know about IFRS 16
January 8, 2023

This guide covers all crucial aspects of IFRS 16 in an attempt to break down lease accounting component and help weigh the benefits, drawbacks, and overall impact it will have on a company's books.

New Lease Accounting Standards - What it is And How it Affects Your Company
January 6, 2023

The new lease accounting standards provide greater clarity, transparency, and legal support to companies engaging in lease transactions. The new lease accounting standards apply to all private and public entities engaging in lease transactions. This article will give all the information needed to engage in lease contracts.

Notes Payable vs. Accounts Payable: The Differences Explained
December 26, 2022

Notes payable are the long-term debts a business has collected with a promise to pay them back within the terms set in a legally binding document (like a promissory note). Accounts payable can be defined as the short-term payment liabilities that your business may have towards its associates, vendors, or suppliers.

Understanding The Difference Between Budget Vs. Actual Variance
December 20, 2022

Budget vs. actual variance is the method through which a business calculates the difference between its proposed budget and the monetary amount on hand. In this article, know what it is, what are its primary types, what causes it, and the steps to perform it.

Asset Life Cycle Management: Importance, Stages, and Best Practices
December 16, 2022

Asset life cycle management is a method that takes an analytical and strategic methodology to the maintenance and administration of a company's assets. This article covers prominent aspects of asset life cycle management and why it holds immense importance for businesses.

All You Need to Know About Estoppel
December 12, 2022

An estoppel certificate refers to a letter or statement agreed upon by a tenant or landlord that a commercial lease agreement with all its stated clauses exists. Know what it is, how it works, and its different types.

Commercial Real Estate Appraisal : A Detailed Guide
December 4, 2022

A commercial real estate appraisal is the process of getting a commercial property evaluated by a professional appraiser for buying or selling purposes. Learn what it is, how it's done and what are its benefits.

Lessor vs. Lessee - Who Are They And How Are They Different?
Alok Suman
November 28, 2022

The major difference between a lessor and a lessee is their position in a lease. While the lessor is the one that holds the rights to a property/asset, the lessee borrows the right of use of the property/asset for a certain period of time.

Everything You Need To Know About Accounting For Leasing
Alok Suman
November 26, 2022

Lease accounting refers to the process used by companies to record the financial impact of their leases. In this article, learn what it is, how it is done, and who are the parties involved.

What’s The Difference Between Leasing And Financing?
Alok Suman
November 24, 2022

Leasing is the term used to describe a contractual agreement that allows companies to utilize and manage an asset without actually having to own it. Financing refers to an agreement in which a financial institution provides the client with the funds necessary to purchase an asset. In this article, know how they are different, their benefits, and which one is better.

What Is Right-Of-Use Assets (ROU) And How Is It Determined
Alok Suman
November 22, 2022

In Right of Use, assets now capture specifics of how a lessee gets the authorization to utilize an asset if it's mentioned in a lease during a contract's duration. It does so in a way that makes it easy to understand. In this article, know what it is, how its value is determined, and how it's calculated.

A Guide to Understanding Leasehold Improvements
Alok Suman
November 20, 2022

Leasehold improvements can be defined as the changes or modifications done to a property to suit the tenant's requirements before signing the lease. In this article, know how it works, what are its different types, and how its accounting is done.

Finance vs. Operating Lease - What’s the Difference?
Alok Suman
November 18, 2022

A finance lease is an agreement in which the lessor allows the lessee to use a particular asset for a fixed term. An operating lease is an agreement in which the lessee is allowed to use an asset with the permission of the lessor for a limited term.

Deferred Rent - Everything You Need To Know
Alok Suman
November 16, 2022

Deferred rent occurs when a contract presents a tenant with free rent settlement for one or more than one rent term. In this article, know what it is, what a deferred expense is, and how it is different from prepaid expenses.

What is Incremental Borrowing Rate And When To Use it in Lease Accounting
Alok Suman
November 14, 2022

The incremental borrowing rate refers to the interest rate a lessee needs to pay to be able to fund an asset. In this article, know what it is, when to use it in your lease accounting, why you need it, and when you can update it.

A Quick Guide on Full-Service Gross Lease and Its Advantages
Alok Suman
November 12, 2022

A full-service gross lease (FSG) is an agreement where the property owner is responsible for maintenance, renovations, and other service charges of the property. In this article, know what it is, the terms related to it, and its advantages.

Capital Lease vs. Operating Lease - Which One Should You Choose?
Alok Suman
November 10, 2022

A capital lease affects your ledgers whereas an operating lease doesn't. In this article, we compare capital leases vs. operating leases, how they work, and what are the pros of using them.

What is Lease Administration And How To Effectively Manage It
Alok Suman
November 8, 2022

Lease administration is a continual process of checking whether the lease's key business points and legal information are being adhered to. Learn why it's important, the tasks related to it, and effective ways to manage it.

What is a Lease Commencement Date And How To Implement It
Alok Suman
November 6, 2022

In this article, know the different types of commencement dates, why you should document the date, and how you can implement it. Read more at LeasO.

What is Lease Abstraction And Why You Need It
Alok Suman
November 4, 2022

Lease abstraction aims to simplify complex lease documentation. It is a summarized version of important lease terms, conditions, and relevant lease data derived from the original lease document. Learn what lease abstraction contains and why you need it.

What is a Graduated Lease And How Does It Work
Alok Suman
November 2, 2022

A graduated lease is a type of lease agreement between the parties involved where they agree to an adjustment of monthly payments on a periodic basis. In this article, know what it is, how it works, and who can benefit from it.

What is Lease/ Contract Management Software?
Vinay Agrrawal
May 16, 2022

Lease/contract management is the daily carrying out of tasks associated with a company's lease portfolio. In this article, get to know the features and functions of lease management software to ease your workflows.

How Can Lease Management Software Simplify Your Business?
Vinay Agrrawal
May 16, 2022

Discover how lease management software streamlines operations, improves compliance, and enhances efficiency for businesses. Read more at Hubler

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