Audience
Finance teams, accountants, large businesses, small businesses
About Black Owl
Black Owl Systems offers advanced lease accounting software that streamlines lease management and ensures compliance with FASB ASC 842, IASB IFRS 16, and ASPE Section 3065. It features automated calculations, multi-currency support, comprehensive lease tracking, and robust reporting tools, enhancing efficiency and compliance.
Key Features of Black Owl Systems software
-Streamlines lease accounting, significantly reducing staff involvement.
-Supports FASB ASC 842, IASB IFRS 16, and ASPE Section 3065 standards.
-Automates calculations and postings with auditable journal entries.
-Provides compliance with US GAAP, IFRS, and ASPE accounting standards.
-Features multi-currency support with daily rate imports and month-end calculations.
-Allows allocation of lease costs to multiple centers, ventures, and objects.
Offers reliable audit trails for each lease change and full visibility of journal entries.
-Supports multiple companies and coding structures for multi-entity managemen
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Integrations
No integrations listed.
Company Information
Black Owl Systems
Founded: 2019
Canada
www.blackowlsystems.com
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Product Details
Platforms Supported
Cloud
Training
Documentation
Live Online
In Person
Support
Phone Support
Online
Black Owl Frequently Asked Questions
Q: What kinds of users and organization types does Black Owl work with?
Black Owl works with these users and organization types: Mid Size Business, Small Business, Enterprise, Freelance, Nonprofit, Government, and Startup.
Q: What languages does Black Owl support in their product?
Black Owl supports these languages: English.
Q: What kind of support options does Black Owl offer?
Black Owl offers support via phone support and online.
Q: What type of training does Black Owl provide?
Black Owl provides training in the form of documentation, live online, and in person.
Black Owl Product Features
Lease Accounting
Amortization Schedule
Supported
Budgeting & Forecasting
Supported
Capitalization Reporting
Supported
Critical Date Alerts
Supported
Expense Tracking
Supported
For Equipment Leases
Supported
For Real Estate
Supported
Portfolio Management
Supported
Asset Management
Not Supported
Billing & Invoicing
Not Supported
Payment Tracking
Not Supported
Tax Management
Not Supported
Lease Management
Portfolio Management
Supported
Billing & Invoicing
Not Supported
Commercial Leases
Not Supported
Contact Management
Not Supported
Landlord Database
Not Supported
Lease Classification
Not Supported
Property Management
Not Supported
Residential Leases
Not Supported
Retail Leases
Not Supported
Sublease Management
Not Supported
Tenant Database
Not Supported
