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Compliance Management

FASB ASC 842, GASB 87 and IASB IFRS 16 Lease Accounting Software
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Overview

FASB & IASB LEASE ACCOUNTING COMPLIANCE MANAGEMENT

Trimble’s ManhattanONE Compliance Management software helps support real estate accounting and financial professionals during the complex FASB, IASB, GASB and AASB preparatory, pre-transition, transition, final adoption periods and beyond. ManhattanONE is currently the only IWMS solution with a compliance solution powered by a Financial Management module. This uniquely provides a multi-functional embedded General Ledger, designed to operate as a real estate-specific subledger to your ERP system.

Key Features

  • FASB ASC 842, IFRS 16, AASB, and GASB 87 support
  • Lessee, Lessor, and Sublease support
  • Streamlined Remeasurement & reclassification
  • 5 Transition and Adoption options
  • Parallel standard support 
  • Audit transparency
  • ERP integration & process automation
  • Multi-currency and language support
  • Cloud (Amazon Web Services) deployment
  • Part of the ManhattanONE software suite

Most Comprehensive Lease Accounting Solution on the Market Today

Trimble's ManhattanONE Compliance Management software has been built from the ground up to be fully GAAP compliant and accurate. The module accesses data from ManhattanONE's lease management and financial ledgers to avoid duplicate data entry. SOC 1 Type 2 certified, ManhattanONE is the most comprehensive lease accounting solution on the market today and provides functionality for FASB, IASB, GASB and AASB guidelines.

Reporting and Audit Trails

ManhattanONE incorporates out-of-the-box standard reports designed to meet the specific requirements of the new FASB, GASB and IASB standards. This advanced reporting capability is built on our 35 years of experience in producing reliable, market-leading reporting tools. In addition, ManhattanONE provides an audit trail for all significant transactions, such as the initial calculation of NPV of Future Lease Obligation and Intangible Right of Use (ROU) Asset, and the unwinding of the Obligation and Asset; not to mention Remeasurement of the NPV and ROU. With ManhattanONE, all of the important, detailed information that your auditor needs will be available in a single system that is fast and easy to access.

Optimize your Lease Accounting and Reporting with Trimble ManhattanONE

Benefits

Support for multiple types of workspaces
Unique approach for quantifying, recording, reclassifying & reporting on leases.
Support for multiple types of workspaces
Greater accuracy & transparency with a more granular set of charge codes
Support for multiple types of workspaces
Process and record multiple subledgers
Support for multiple types of workspaces
Simultaneously support both FASB & IASB in the same system
Support for multiple types of workspaces
Retrospectively process Lease Accounting transactions & journal entries
Support for multiple types of workspaces
Out-of-the-box ERP interface with minimal client specific configuration

An Integrated Module within Trimble ManhattanONE

ManhattanONE Compliance Management is part of the ManhattanONE integrated system, a flexible software suite for greater control and visibility of your real estate portfolio and financials. Consistently named a leader by independent analysts, ManhattanONE is a proven IWMS (Integrated Workplace Management System) designed to help you align your real estate, empower teams and respond to change. ManhattanONE provides seamless access to all current modules and future system developments, in one complete package.

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