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Lease Administration

Good Financial Decisions

MGO’s lease administration services can help cut costs, ensure data integrity, and help streamline your lease management.

Lease Management Overview

Lease Administration

Complying with the complex regulations of leases is time consuming and complicated. Working with professionals to support your lease management responsibilities provide some big benefits:

  • Access to expertise
  • Accurate, timely, meaningful financial information
  • Better business processes and controls
  • Improved transparency

Strengthening back-office functions allows you to focus on your core business.

Featured Services

Amortization schedules

Eliminate the burdensome step of translating lease contracts into spreadsheets by utilizing amortization schedules, journal entries, and disclosures completed directly from the lease data and reviewed automatically in the software.

Lease Administration Icons Amortization schedules

Audit Reports

Increase your visibility to lease additions and changes and acquire access to a full complement of schedules to make your auditor’s life a lot easier.

Lease Administration Icons Audit Reports

Cloud-based central repository

Use the repository to add unrivaled accessibility and security in the form of a searchable, central database in the cloud–available to you and your team to retrieve and share whenever, wherever.

Lease Administration Icons Cloud-based cetnral repository

Economic returns

With over 100 different reports to analyze, you can optimize your lease portfolio’s balance sheet impact and return on capital.

Lease Administration Icons Economic returns

Financial liquidity

Confirm accurate billing and critical reminders to avoid missed rent abatements and unnecessary renewals with AP reports.

Lease Administration Icons Financial liquidity

Financial statement preparation

With lease regulations changing, it’s more important than ever to know what you are expected to provide in your financial reporting to ensure compliance.

Lease Administration Icons Financial Statement

Fixed asset and depreciation tracking

Help your organization determine the value of your assets efficiently in order to make well-informed financial decisions when it comes to the purchase and disposal of assets, as well as ensure accurate depreciation calculation for error-free tax reporting.

Lease Administration Icons Fixed asset

LeaseQuery Partnership

MGO has partnered with LeaseQuery, a cloud-based SaaS platform that improves efficiency with CPA-approved calculations that eliminate errors. Accounting teams across all sectors rely on MGO & LeaseQuery to facilitate compliance with FASB, IFRS, and GASB.

Great People Define Our Success

Learn how we can lower costs and add scalability and expertise to your finance
and accounting functions.

Angel Naval

Partner

David G. Bullock

Partner, State & Local Government Industry Leader
CONTACT US

How can we help?

Every day we help organizations to streamline their back office operations while improving the quality of their financials. How can we help your organization?

Reliable Financial Information From Partners You Trust

Clearly understanding your current lease status and compliance requirements helps you make good business decisions. MGO partners with LeaseQuery, whose CPA-approved lease accounting software and specialized lease accountants fully support clients. Whether you are interested in ASC842, IFRS 16, or GASB 87, this robust reporting suite can help cut costs, ensure data integrity, and help streamline your lease management. MGO’s lease administration services can reduce the time spent on lease accounting and free up resources to build your business.

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