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Total ROU Assets
$1,284,320
↑ 2.3% from last month
Lease Liabilities
$1,276,840
↓ 1.8% (principal paid)
Fixed Assets (Net)
$856,780
27 assets
Monthly Lease Expense
$47,250
Straight-line rent
Time Saved This Month
22 hrs
vs. manual process

ASC 842 Compliance Score

98 Score
All 8 leases properly classified
ROU assets calculated correctly
Liabilities match amortization
! 1 lease expires in 45 days

🤖 AI Insights & Recommendations

Powered by AI
💰

$18,400 in Tax Savings Identified

AI detected 3 assets eligible for bonus depreciation that were set to straight-line. Switching could save $18,400 in taxes this year.

Review Opportunities →
⚠️

Warehouse Lease Expires March 15, 2025

The Columbus warehouse lease expires in 45 days. Renewal decision needed by Feb 15 to avoid holdover provisions.

View Lease Details →
📈

Discount Rate Optimization Available

Current IBR of 6.5% may be high given recent rate environment. Refinancing the equipment lease could reduce liability by $12,000.

Run What-If Analysis →

📋 Lease Portfolio Summary

View All Leases
Lease Name Type Monthly Payment ROU Asset Liability Remaining Term Status
HQ Office Space
123 Business Ave, Columbus
Operating $18,500 $542,800 $538,200 36 months Active
Columbus Warehouse
456 Industrial Pkwy
Operating $8,200 $89,400 $86,900 2 months Expiring Soon
Vehicle Fleet (12 units)
Enterprise Fleet Management
Finance $6,800 $198,600 $201,400 28 months Active
Production Equipment
CNC Machine Lease
Finance $4,500 $156,200 $152,800 42 months Active
IT Equipment
Server & Network Lease
Operating $3,250 $78,400 $76,200 24 months Active
View all 8 leases →

📊 ROU Asset & Liability Trend

📈 Interactive chart showing ROU Asset and Liability balances over time
(Fully functional in your account)
Starting Balance
$1,428,600
Current Balance
$1,284,320
Change
-$144,280

🕐 Recent Activity

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📊

Monthly depreciation calculated for all 27 assets

Today at 2:00 AM (Automated)
📄

Journal entries generated for January 2025

Today at 2:05 AM (Automated)
⚠️

Lease expiration alert — Columbus Warehouse (45 days)

Yesterday at 9:00 AM
🤖

AI identified tax savings — $18,400 potential

Jan 20, 2025

Lease payment recorded — HQ Office Space ($18,500)

Jan 1, 2025

📝 January 2025 Journal Entries (Preview)

HQ Office Space — Monthly Lease Entry January 1, 2025
Lease Expense (Operating) $18,500
ROU Asset - Accumulated Amortization $15,230
Lease Liability $3,270
Vehicle Fleet — Monthly Finance Lease Entry January 1, 2025
Interest Expense $1,092
Amortization Expense - ROU Asset $5,708
Cash $6,800

Showing 2 of 12 journal entries. View full report →

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