ALS Logo

Advanced Lease Systems, Inc

Providing Software to the Leasing & Finance Industries Since 1984

placeholder

Lease Accounting & Management Software

Our flagship Lease software is designed to take care of your lease accounting and management needs. From providing your accountant with book and tax accounting figures to billing and collecting from your client, our software can fulfill the needs of vehicle, equipment and Lease Here Pay Here (LHPH) lessors.

placeholder

Loan Accounting & Management Software

Much like our Lease Accounting software, the Loan software can take care of your loan accounting needs for both Simple Interest and Pre-Computed Loans. Our software is built for vehicle, equipment and Buy Here Pay Here (BHPH) lendors.

placeholder

CarCalc

From quoting a new deal through credit application processing and document preperation, CarCalc is your "go to" front-end software solution. CarCalc easily provides all of the functions necessary to move your customers into the product of their choice through a lease or a loan.

placeholder

ACH Payment Processing

The Lease Accounting and Management System allows you to designate customers that process their payments through an Automated Clearing House (ACH). The A.L.S. system can gather information regarding standard monthly payments and one time payments for these accounts. The system then creates a file using the standard NACHA format that can be submitted to your bank so the funds can be pulled from the customers' accounts. After the withdrawal is confirmed by the bank you can then post the anticipated payments.

This optional software module works in tandem with our Automated Payment Processing Module. A process will be made available to you to gather these monthly payments for a range of payment due dates. Once the data is gathered the operator is given an ACH Payments For Processing Report detailing the accounts to be updated.

After recieving confirmation of the widthdrawal the operator needs only enter the name of the file shown on the ACH Payments For Processing Report into the Automated Payment Processing Module main screen and from there each payment in the file is updated to the proper account. In the event that you receive a notification from your internal ACH process that a payment could not be pulled, it is easy to reverse the automated payment and post it when the funds are made available.

All the payments processed through the Automatic Payment Processing Module appear on the Posting Journal Report and are reflected everywhere payments processed individually would be. Account payment history inquiries are updated and current balances reflect the payment immediately.


Back to Lease Software Features