ASC 842 software for enterprises and retailers
Tango’s ASC 842 software automatically classifies every lease in your portfolio, performs lease accounting calculations, and generates ASC 842–compliant journal entries. Easily identify embedded leases and keep your portfolio organized, searchable, and audit-ready.
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Global enterprises trust Tango’s ASC 842 software
Built-in ASC 842 compliance
Take the headache out of compliance. Tango’s modern lease accounting software lets you focus on decisions instead of worrying about disclosures.
Automated lease accounting calculations
Tango’s ASC 842 software calculates lease liability, right of use (ROU), incremental borrowing rate, and amortization, so you don’t have to.
Simplified lease classification
Classify every lease agreement as a finance lease or operating lease
based on the five classification criteria in ASC 842, and let Tango Lease handle the rest.
Audit-ready lease accounting
Be ready for third-party lease audits at all times. In Tango, every statement and modification can be traced directly to your contracts, creating a straightforward, dependable audit trail.
Connected lease data
Separate lease and non-lease components for ASC 842 compliance, but keep them connected in your system. Include additional lease accounting documentation in your lease records without complicating disclosures.
ASC 842 lease accounting software
Tango Lease is the best ASC 842 software for its built-in compliance, centralization of lease documents and data, and audit-ready design. Put every lease on the balance sheet, automate every calculation, and make modern lease accounting simple.