Lease Accounting
Rent and occupancy cost payments, ASC 842, audit-ready reporting – available when you need them.
Audit-Ready Accounting, Without the Disruption
Our lease accounting team helps you manage ASC 842 and IFRS 16 requirements from initial setup through ongoing reporting. We calculate lease liabilities and right-of-use assets, prepare amortization schedules and journal entries, manage remeasurements, and provide clear, audit-ready documentation.
We work within your existing accounting processes and systems, coordinating with your internal teams to maintain accuracy and consistency across your portfolio.
LEE AGULARSenior Accountant
“Since 2007, Rubio’s has been able to rely on Property Works to handle our lease administrative functions. We can always count on them to have our best interests in mind, and over the years, their expertise has been able to save us thousands of dollars by catching incorrect billings and providing proper analysis of our leases. I couldn’t imagine not having a resource like Property Works. They are truly an important extension of our accounting and facilities departments."
Brent StolzenthalerPartner
"In addition to comprehensive lease administration services, Property Works’ expert team negotiates our lease transactions. Property Works approaches every transaction as an opportunity to save money and achieve more favorable lease terms. They enable us to make informed decisions and focus on our core business. Over a period of 1.5 years, Property Works helped us achieve in excess of $984,000 in lease term savings."
CEO
“Our software program was obsolete. After looking at several options, our CFO attended a trade show where he discovered Property Works. Our relationship began in the late spring of 2013 as we began the transition. Although there may have been some rough patches along the way, they have proven to be a success. Property Works is dedicated and committed to their service. They are open, clear, concise with communication, very personable, and readily available. And yes, they really do know their stuff! All in all, it has been a pleasure to work with their entire team.”
Roger A. LockwoodChairman
“Property Works has managed our Taco Bell restaurant leases and their obligations for nearly two decades. In addition, they offer advice and useful information when problems arise or when new deals are being considered. Property Works has been consistently reliable, thoroughly professional, and always available.”