Crunchafi

Lease Accounting Release Notes 2024

The 2024 Lease Accounting Release Notes detail monthly enhancements including FASB/IFRS lessor accounting for operating lease classification, UI updates, email alert fixes, performance improvements, SSO and MFA enhancements, expanded revision wizard capabilities, user interface updates, mandatory notes for disabled client accounts, and updated billing and training email links.

Lease Accounting Release Notes 2024

This article contains a list of enhancements released in 2024.

September, 2024

This release adds:

  • FASB/IFRS Lessor accounting for Operating Lease Classification.
  • Updated UI at My Lease to include Accounting Standard and Accounting For.

August, 2024

This release adds:

  • Fix for email alerts.

June, 2024

This release adds:

  • Fix for slow load times.

May, 2024

This release adds:

  • SSO Updates.
  • MFA Phase 2: Allows Admin to remove MFA from User Account.

April 6, 2024

This release adds:

  • Updates to the FASB/IFRS Revision Wizard including multiple revision types, partial termination and impairment.
  • Updates to Revision Information screen and columns on Amortization Schedule for certain revision types.
  • Update to the GASB Revision Wizard to prompt for payments on revisions.

March 9, 2024

This release adds:

  • MFA for Users: Users can now add multi-factor authentication to their use account.

February 27, 2024

This release adds:

  • Update to Users UI for Firm Users and Client Users.

February 9, 2024

This release adds:

  • When client account is disabled and Reason Type Other is selected, a Note is required.

January 18, 2024

This release adds:

  • Updates to Billing Requisites.
  • Updated links for the Lease Accounting software Training emails.