Lease Accounting and Rent Reconciliation

1
Lease Accounting and Rent Reconciliation

• Streamlining Financial Accuracy in Real Estate
• Presented by Exo Edge

2
Understanding Lease Accounting

• Key Points
• Lease accounting involves tracking lease
  agreements, rent schedules, and financial
  obligations.
• Compliance with standards like ASC 842, IFRS 16,
  and GASB 87 is essential.
• Accurate lease classification Operating vs.
  Finance Leases
• Importance of maintaining a lease ledger for
  transparency.

3
Rent Reconciliation Process

• Key Points
• Rent reconciliation ensures accurate rent
  payments by matching lease agreements with
  financial records.
• Key steps
• Collect lease agreements and compare with
  invoices.
• Verify payments vs. lease terms (Base rent,
  escalations, CAM charges).
• Identify discrepancies and resolve them
  promptly.
• Maintain audit-ready records for compliance.

4
How Exo Edge Can Help

• Key Points
• Expert lease accounting and rent reconciliation
  services to ensure financial accuracy.
• Automated tools and skilled professionals for
  seamless compliance.
• Error-free reporting for audits and financial
  decision-making.
• Proven track record in real estate accounting
  solutions.