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Accounting Services:
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Over 30 Years of Leasing Experience
Our full-service scalable Accounting
Solution in conjunction with our specialized leasing services
provides you with a complete lease portfolio accounting and
administration solution. These specialized services include:
- Contract Audit
- new lease contracts and contract modification review for
proper documentation and lease entry prior to posting to
the general ledger
- Asset Administration
– process new leases, renegotiations, renewals, terminations
and equipment sales, as well as track UCC and insurance
compliance
- Lease Portfolio
Servicing – invoice processing including
sales and late charges, cash receipt application, and general
collections
- Lease Reconciliation
– on a monthly basis, the lease transactions from
our lease system will be transferred to the general ledger
and reconciled
- Lease Reporting
– delinquencies, cash receipts, invoicing, new business,
depreciation, sales/property tax, lease earnings/cash flow
projections, maturing leases, renewal status, insurance
expiration, and UCC expiration
- Document Management
– original documents will be stored off-site in a
secured environment.
PAFS also offers consulting services to lessors
and banks that are faced with specific operational challenges.
Click here for more information on our Consulting
Services.
Outsourcing with PAFS can save you time,
refocus resources, simplify and improve your operations, and
reduce costs. Talk to a PAFS representative today to learn
more about our outsourcing solutions and how they will enhance
your business.
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