SOFT4Lessee for IFRS 16/ AASB 16

Keeping up with IFRS 16 / AASB 16 compliance is probably eating up your finance team's days with endless Excel sheets tracking all your lease agreements, hours spent manually entering each lease into the General Ledger, the headache of recalculating everything when lease terms change, not to mention that constant worry about getting the financial statements right.

It's not just about the time - it's about the stress of knowing one small mistake could cause big problems. Your team is too talented to spend days on repetitive tasks and constant double-checking. That's where we can help.

With SOFT4Lessee, you'll be able to:

• Plan the transition to IFRS 16 / AASB 16. Calculate the impact and choose one of the transition options
• Save hours on lease data import and safely transition from old software or spreadsheets
• Manage accounting for lease liability. Calculate lease liability and present lease liabilities on the balance sheet
• Perform various lease management calculations
• Manage variable leases according to the accounting standards' requirements
• Prepare reports for IFRS 16 / AASB 16 presentation and disclosures in just a few clicks
• Integrate with other systems, including different ERPs (SAP, Oracle, QuickBooks, Sage, etc.) and your General Ledger
• Use the multi-company and multi-currencies functions
• Manage the challenges of dual reporting. Calculate and post to General Ledger expenses as per the previous IAS 17 standard

FOR MORE DETAILS PLEASE VISIT: www.soft4lessee.com

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Supported editions: This app supports both the Essential and Premium editions of Microsoft Dynamics 365 Business Central.

Supported countries: Australia, Austria, Belgium, Canada, Croatia, Denmark, Estonia, Finland, France, Germany, Hong Kong SAR, Iceland, Indonesia, Italy, Ireland, Japan, Korea, Latvia, Malaysia, Malta, Mexico, Netherlands, New Zealand, Norway, Poland, Serbia, Singapore, South Africa, Spain, Sweden, Switzerland, Taiwan, Thailand, United Arab Emirates, United Kingdom, United States, Vietnam.

Supported Languages: This app is available in English.

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