FinQuery Accounting Software

Description

FinQuery is a comprehensive accounting software designed to empower finance professionals by simplifying complex accounting tasks. It offers specialized tools for lease accounting, contract management, and accrual accounting, ensuring compliance with standards such as ASC 842, IFRS 16, and GASB 87. FinQuery's lease accounting module helps users generate amortization schedules, journal entries, and disclosure reports, achieving up to 60% time savings. The software also includes a fixed assets module that automates multi-book depreciation and ensures audit-ready precision.

Debt management is another key feature of FinQuery, providing continuous covenant monitoring and FASB accounting automation. The accruals and prepaids accounting module automates expense accounting directly from source documents, facilitating a zero-day month-end close. FinQuery is built on source intelligence, allowing it to extract terms directly from documents for accurate, audit-ready outputs.

The platform integrates seamlessly with any ERP system, offering industry-leading implementation and support. With a 94% quality of support rating and 96% user satisfaction, FinQuery is recognized as a leader in lease accounting, holding the No. 1 spot on the G2 Grid for 22 consecutive quarters. The software is trusted by over 8,700 organizations worldwide, providing reliable and efficient solutions for complex accounting needs.

FinQuery Accounting Software's Core Features

• Lease accounting compliance with ASC 842, IFRS 16, GASB 87

• Automated amortization schedules and journal entries

• Fixed assets management with multi-book depreciation

• Debt management with continuous covenant monitoring

• Accruals and prepaids accounting automation

• Integration with any ERP system

• Audit-ready outputs and traceable records

• Industry-leading customer support and satisfaction

How to use FinQuery Accounting Software?

1. 1

   Configure: Set up your accounting preferences

2. 2

   Use: Automate lease and fixed assets accounting

3. 3

   Integrate: Connect with your ERP system

4. 4

   Optimize: Utilize audit-ready reports and outputs

FinQuery Accounting Software's Use Cases

• Lease Accounting
• Fixed Assets Management
• Debt Compliance
• Accruals and Prepaids
• ERP Integration

FAQ from FinQuery Accounting Software

• What is FinQuery used for?

  FinQuery is used for lease accounting, contract management, and accrual accounting, providing compliance and automation tools for finance professionals.

• How does FinQuery integrate with ERP systems?

  FinQuery integrates seamlessly with any ERP system, allowing automated journal entries and streamlined accounting processes.

• What standards does FinQuery support?

  FinQuery supports standards such as ASC 842, IFRS 16, GASB 87, FRS 102, and SFFAS 54.

• How does FinQuery ensure audit readiness?

  FinQuery provides audit-ready outputs by automating complex accounting tasks and maintaining traceable records.

• What is the customer satisfaction rate for FinQuery?

  FinQuery has a 94% quality of support rating and 96% user satisfaction.

• Can FinQuery handle multi-book depreciation?

  Yes, FinQuery's fixed assets module automates multi-book depreciation for GAAP, IFRS, and tax compliance.

• What is the benefit of FinQuery's debt management feature?

  FinQuery's debt management feature provides continuous covenant monitoring and FASB accounting automation.

• How does FinQuery help with accruals and prepaids accounting?

  FinQuery automates accounting for accrued and prepaid expenses directly from source documents, facilitating a zero-day month-end close.