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Better Programs, Inc.
5852 West Pacific Circle
Denver, CO 80227
303-986-1969 | 610-602-5400 fax
email: sales@betterprograms.com
website:
www.betterprograms.com
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General Information
Type of Business: Lease Accounting/Servicing Software
In Business Since: 1986
Description:
TURBO-Lease is lease accounting software capable of processing all types of equipment and vehicle lease
portfolios. The system is easy to use, yet its power, flexibility, and completeness surpass those costing many times
its price.
TURBO-Lease offers complete receivable administration including billing, ACH processing and aging of lease payments,
late charges, property taxes, insurance charges, and sales and use taxes. Monthly accounting reports provide accurate totals
of cash receipts, account balances, FASB 13 income, initial direct costs, residual income, and equipment depreciation including
alternative minimum tax. Management reports provide summaries of new business activity, lease expirations, residuals due,
insurance expirations, location and ranking. The system handles complex irregular payment structures such as skip, step,
variable, quarterly, and annual. All reports can be sent to printer, screen or MS-Excel to provide valuable flexibility in
data analysis.
Other features include, delinquency reporting and a collection module to schedule and track collection activity; forecasting
including income, depreciation and discounted cash flows of payments and residuals; payoffs; on-line viewing of payments,
charges and past due payments. Complementing TURBO-Lease are easily added modules for loan accounting, notes payable,
ACH processing, asset tracking, and an interface to popular general ledger packages. Interfaces are available to front office
automation systems, sales tax rate services, property tax and insurance processing. See our web site for more details.
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© Copyright 1996-2008 Molloy Associates, Inc.,
409 East Lancaster Avenue, Wayne PA, 19087
info@monitordaily.com e
610.293.1300 p 610.293.9903 f
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