LseMod Sublease vs. GAAP Sublease

LseMod Sublease is a separate product which provides only Cash Flow analysis. GAAP Sublease is a feature of the LseMod Gold Series products (Corporate, Pro, and International) which provides a GAAP sublease analysis.

GAAP (Generally Accepted Accounting Principals) are determined by FASB (the Financial Accounting Standards Board).

FASB 146 became effective January 1, 2003 and outlines how a loss associated with a sublease needs to be accounted for on the Income Statement / Profit & Loss Statement.

LseMod Sublease ONLY does a Cash Flow analysis. It is designed to show costs and savings on a Cash Flow basis only.

LseMod Pro is the only LseMod program that includes GAAP sublease analysis since it includes before and after tax costs as well as costs charged to the Profit & Loss (P&L) Statement.

Click on GAAP Sublease Accounting to learn more about the process or go to Downloads/Examples and select GAAP Sublease Example to download a sample report.

Click on your browser's back button to return to the previous page.