Cradle Accounting

Watch a 6-minute demo here - https://www.cradleaccounting.com/insights/cradle-lease-accounting-demo Cradle is a cloud-based lease accounting software solution made by accountants for accountants. We pride ourselves on our ease of use, engineered for lease accounting compliance, and above and beyond customer support. Built to handle portfolios and company structures of any size, we've got your lease accounting covered. We have no smoke and mirrors regarding pricing. Unlike our competitors, you can sign up today with no sales calls or training required! Complying with the IFRS 16/ASC 842 financial reporting requirements will no longer be a time-consuming exercise if you use Cradle. All you need to do is input the contractual details, your accounting judgments (don't worry, we let you know which ones those are), and your lease accounting is done. We then calculate the lease liability and right of use asset and all financial reports, including disclosures. Our calculation methodology is accurate to the cent when compared to the examples provided by the standard setters. Finally, run the report of your choice -- journals, balance sheet, income statement, or disclosures for any date range. No need to stress about modification accounting either. Our intuitive UI means all changes are captured and easy to review. Furthermore, we offer a team of qualified accountants in customer support to answer any of your questions. We've made Cradle so you can focus on the critical areas of your business!

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