Advantage Leased Assets from Bloomberg Tax & Accounting, the leading fixed assets SAAS provider, is a cloud-based lease accounting software solution that helps companies track and manage all lease asset types, including operating and finance leases, provide complex calculations for right-of-use (ROU) assets and lease liabilities, classify their leases, and generate advanced reports for financial statement presentation and more. Eliminate risks and save time by automating your lease accounting processes with Advantage Leased Assets. Our Web-based platform performs all the required calculations needed to comply with ASC 842 and IFRS 16. Take greater control of your data and processes with advanced functionality that gives you full visibility and control of your asset data. You’ll be able to synchronize data between our application and other financial systems and leverage advanced reporting to make better business decisions.