Brochure

Lease and Subscription Management

Overview

BUILT FOR GASB87 AND GASB96 COMPLIANCE

Managing lease and subscription-based IT agreements does not have to be complex. Gravity provides a centralized solution to help you track every agreement, automate journal entries, and confidently generate disclosures. Whether itโ€™s GASB87 for leases or GASB96 for SBITAs, Gravity gives you structure, automation, and clarity across the board.

ALL YOUR AGREEMENTS IN ONE PLACE

Gravity supports lease (GASB87) and SBITA (GASB96) agreements, helping you manage terms, schedules, classifications, and reporting in a shared, structured environment. Every detail stays organized and traceable from initial setup through the audit season.

WHAT YOU CAN EXPECT

โ€ข Track leases and SBITAs with purpose-built templates
โ€ข Automatically calculate assets, liabilities, amortization, and journal entries
โ€ข Generate GASB-compliant disclosures and notes for your ACFR
โ€ข Reconcile schedules with actuals and general ledger activity
โ€ข Maintain a complete audit trail of edits, approvals, and actions
โ€ข Assign roles and responsibilities using structured workflows
โ€ข Store amendments and attachments for audit readiness
โ€ข Use live dashboards for a complete operational overview