SMART IFRS16 Leasing for Ukraine

• creating a lease object card, entering rental conditions and a discount factor
• automatic calculation of monthly lease payments
• calculation of long-term liabilities and rights to use the lease object
• conversion of long-term liabilities to short-term ones
• accrual of monthly rental expenses and generation of payments
• accrual of rent in kind and offset
• closing of the settlement period
• closing of the lease contract in case of termination/completion of the lease contract
• additional accrual/devaluation of rights to use and long-term liabilities in connection with changes to the lease conditions
• generation of a Tax Declaration of the payer of a unified tax of the fourth group (for Ukraine)

• Integration with Microsoft Dynamics 365 Business Central.
• Full automation of processes.
• Accurate calculation of rental payments.
• Compliance with IFRS 16 standards

1. Integration with Microsoft Dynamics 365 Business Central: The solution is installed in the Business Central environment, allowing for its maximum efficiency in the ERP system, ensuring smooth operation with other business processes and data.
2. Full automation of processes: The application eliminates the need for manual operations and minimizes errors in lease accounting, which saves time and increases work efficiency.
3. Accurate calculation of lease payments: SMART IFRS16 Leasing for Ukraine automatically accrues lease payments, which significantly simplifies the calculation process and ensures their accuracy.
4. Compliance with IFRS 16 standards: The product fully complies with the IFRS 16 requirements, ensuring transparency and correctness of accounting in accordance with international standards.

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