The Lease Register reports the repayment status, interest expense and remaining balances for up to 3,000 capital leases at any selected month end. Lease terms can include pre-payments and final balloon payments. Users can create up to 100 individual Master Lease ID categories with 3,000 sub-components or classify leases by Class or locations. Lease interest, outstanding balances and current month principal repayment are totalled for each single Master Lease ID.
Users can simulate the results which will arise from changing any combination of repayment amount, interest rate or final balloon payment terms for any lease. Calculate the new final repayment month and the difference in interest expenses between the current repayment terms and adjusted terms for cost saving projections.
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Making the right capital investment decision can have a big impact on your bottom line. When should you lease or purchase an asset? Our Lease vs. Purchase FastAnswer can help you make the best choice. Lease vs. Purchase includes two comprehensive modules which cover most every leasing scenario. The first module covers capital assets - everything from PCs to postage meters and manufacturing lines to office buildings. So, no matter what the asset, you'll understand the real tradeoffs between leasing, purchasing outright, or purchasing with a loan. The second module focuses on the special case of automobile leasing and includes several decision support tools to help you negotiate your best leasing option. If you're thinking about leasing a personal or company car or truck, Lease vs. Purchase will let you determine the best possible deal. Lease vs. Purchase handles up to 72 financing periods, covers depreciation and maintenance options, and helps you compare costs, residual values, terms, and imbedded interest rates on auto leases. Plus, its easy-to-use interface makes it simple to input and analyze your numbers. Figure out your best option for financing your automobile or acquiring your next asset - without a whole lot of pain. Let the powerful planning features of Lease vs. Purchase help you save time and money.