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Lease Agreements

Understand every lease before you sign it. Plain English guides to clauses, deposits, renewals, and the terms that matter most.

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Operating Lease vs Finance Lease: Key Differences Explained

Calculator, document folder, and architectural model of office buildings on a desk, illustrating operating lease versus finance lease accounting concepts

Operating Lease vs Finance Lease: Key Differences Explained Every lease agreement falls into one of two categories — operating or finance — and the label decides how the cost travels through a company’s financial statements. Under current U.S. accounting rules (ASC 842), both types now appear on the balance sheet, which still surprises people who … Read more