Accounting
Right-of-use assets and lease liabilities, straight from the contract
Most brands track warehouse, retail, and equipment leases in a spreadsheet and scramble at audit. Cairn captures the lease, amortizes the right-of-use asset, schedules the liability, and posts the journal entry every period, so the balance sheet is current without a month-end fire drill.
See it in CairnThe legacy gap
Legacy ERPs ship no native lease module, so teams bolt on a separate product or build amortization schedules in Excel, paste journal entries by hand, and keep no audit trail from the balance back to the contract.
What Cairn does
Cairn stores the lease, computes the right-of-use asset and liability at commencement using the incremental borrowing rate, classifies it as operating or finance, and posts interest, amortization, and the payment automatically each period.
The payoff
A compliant ASC 842 / IFRS 16 balance sheet, zero manual schedule maintenance, and a clean audit trail from every entry back to the lease.
Contract to ROU asset
Enter the lease; Cairn computes the present-value right-of-use asset and day-one liability automatically.
Operating and finance leases
Operating leases expense straight-line; finance leases front-load interest, each with the right journal entry.
Periodic posting
Interest, right-of-use amortization, and the cash payment post to the ledger every period, no manual entry.
Full amortization schedule
Period-by-period interest, principal, liability, and carrying value, ready for the footnote disclosure.
Replace your legacy ERP.
In weeks.
Twelve months and six figures used to be the price of admission. Not anymore.
Get a demoWhite-glove implementation No per-transaction fees No surprise invoices