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Features
Contracts
Overview of all contracts.
Cash flows
Overview of cash flows.
Implicit interest & present value
Calculation of implicit interest and present value.
Activation of Lease obligation (debt)
Calculation and activation of the lease obligation (debt) in the balance sheet.
Activation of "Right-of-use"
Calculation and activation of «Right-of-use» (ROU) assets in the balance sheet.
Bookkeeping of debt
Calculation and bookkeeping of interest and instalments of the lease obligation (debt).
Deprecations of "Right-of-use"
Calculation and bookkeeping of depreciations of «Right-of-use» (ROU) assets.
Lease options
Handling of options related to a lease.
Agreement changes
Managing changes in agreements.
Service element
Can distinguish the service element from the lease agreement (this should not be represented in the balance sheet).
Reports
Dynamic reports related to leases including IFRS 16 notes.
Accruals
Current portion of debt, accrued interest and depreciations.