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Advanced Lease Systems, Inc

Providing Software to the Leasing & Finance Industries Since 1984

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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.

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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.

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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.

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Accounting

Book Accounting

The Loan Accounting and Management System provides accounting entries for your loans from loan initiation to loan payoff. Your initial accounting entries and subsequent daily and/or monthly accrual entries are recorded and reported according to Generally Accepted Accounting Principles (GAAP) for loan accounting. Accounting entries are made simple by the numerous options that are available to tailor receipts and disbursements to your individual requirements. Entry of your basic loan information is all that is needed to generate accurate accounting entries that will ensure accurate income and expense figures throughout the life of the loan. We offer both simple interest and pre-computed interest accounting methods.

Book AccountingThe internal general ledger makes transaction processing a breeze. Accounting entries generated by each transaction processed are transparent to the user, which minimizes the chance of accounting errors. Any transaction can be easily reversed including a complete reversal of all transactions associated with the loan at any point during the term of the loan.

Comprehensive reporting is available for overall current portfolio balances via the Trial Balance Report. You will also find a variety of income and cash projection reports within the Loan Accounting and Management System to assist you in planning for the future.


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