Manage your transition to the IFRS 16/ ASC 842/ AASB 16 standard
With all-in-one lease accounting solution
Import and export to/from other systems.
Lease agreement data management.
Re-measurement as circumstances change.
Reports for IFR16 presentation and disclosures.
Accounting for lease liability.
Accounting for right of use asset.
Handling of non-lease component.
Average length of implementation two to four weeks.
Both cloud and on-premises options.
Can be used as a stand-alone solution or can be integrated with any other ERP system.
Staying compliant: comply with lease accounting standards so you can manage your lease accounting effectively.
Save hours on lease data import and safely transit from old software/ spreadsheets.
Manage accounting for lease liability.
Calculate lease liability and present lease liabilities on the balance sheet.
Perform various IFRS 16 related calculations.
Manage variable leases as per IFRS16 requirements.
Prepare reports for IFRS 16/ AASB 16/ ASC 842 presentation and disclosures in just a few clicks.
Seamlessly integrate with other systems for lease data input and G/L output, such as SAP, Oracle, Sage, Xero, F&O and others.
Multi-company and multi-currencies functions.
Manage the challenges of dual reporting: calculate and post to General Ledger expenses as per previous IAS 17 standard.