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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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Complex Payment Types

Complex Payments

This module allows your inquiries, billings, receivables reports, as well as cash and income projection reports to reflect the appropriate payment amount in the proper period(s) for loans that have a more complex payment structure.

Complex payment types handled include:

  • Step Payments:  You define the period in which a payment changes, and the dollar amount that it changes to. An account may have up to 14 payment steps.

  • Skip (seasonal) Payments:  You define up to 4 payment skip months per year to handle this type of contract.

  • Bi-Weekly Payments:  The customer is billed every 2 weeks.

  • 1st and 15th Payments:  The customer is billed on the first and fifteenth of each month.

  • Quarterly Payments:  The customer is billed the same amount every 3 months.

  • Semi-Annual Payments:  The customer is billed the same amount every 6 months.

  • Annual Payments:  The customer is billed the same amount every 12 months.

Back to Loan Software Features