AASB 16 and NZ IFRS 16 Software

The Fastest, Easiest Way to Comply with the AASB 16 and NZ IFRS 16 Lease Accounting standards. See a demo »

Schedule Your Demo

AASB 16 AND NZ IFRS 16 SOFTWARE

Enterprise Lease Accounting Software

Need to comply with AASB 16 or NZ IFRS 16? Our Lease Accounting software will enable you to quickly and easily comply with the new standard. Once you have transitioned, we can help you scale your lease accounting program by automating the most time-consuming tasks in your record-to-report process.

LEASE ACCOUNTING SOFTWARE

Day One compliance and Day Two automation.

LeaseAccelerator offers the highest level of automation of any lease accounting software vendor on the market. Our system will perform the high volume of complex calculations, enabling you to focus on policies, analyses, and exceptions.

True Leasing Subledger

Dedicated leasing subledger to track operating, interest, depreciation, and amortisation expenses.

  • No dependencies on external fixed asset systems
  • Portfolio, contract, and asset-level journal entries
  • Historical “as at” reporting after modifications
  • Support for 4-5-4, 4-4-5, and other fiscal calendars

Financial Reporting and Disclosures

Support the quantitative and qualitative disclosures required.

  • Roll forward and reconciliation reporting for monthly close
  • Balance sheet, income, and cash flow statements
  • Discount rate and maturity analysis
  • International reporting in IFRS 16 and ASC 842 (US GAAP)

Automate Record-to-Report

Integrate lease accounting with financial systems to automatically capture:

  • New lease commencement
  • Mid-term changes
  • End-of-term decisions
  • Month-to-month auto-renewals

Governance, Policies, and Controls

Centralized repository provides a single source for:

  • Documents and data
  • Judgments and policy elections
  • “Who, what, and when” reporting

Modifications and Reassessments

Track leased assets from initial commencement to end of term.

  • Contractual and pricing changes
  • Changes to residual value estimates
  • Changes to end-of-term elections

GL and AP Integration

Integrate your lease accounting with ERP and other financial systems such as:

  • General ledger
  • Accounts payable
  • Real estate administration

Download our FREE AASB 16 Expert Guide:
Lease Accounting Software Evaluation for AASB 16 »

ACCOUNTING FOR REAL ESTATE & EQUIPMENT LEASES

A single accounting engine for all your leases.

Our software was designed from the ground up to support all categories of leased assets – IT, material handling, vehicle fleets, buildings, land, rail, and marine transportation.

LeaseAccelerator: Introducing Lease Accounting 2.0

Real Estate Leases

Buildings, land, easements, and more

Office buildings, retail stores, distribution centers, data centres, and health care facilities.

  • Gross and net leases
  • Index and performance-based rents
  • Common area maintenance (CAM) charges
  • Integration with real estate administration

Equipment Leases

Vehicles, computers, forklifts, and more

Material handling, vehicle fleet, aircraft, rail cars, and data center equipment.

  • Fair market value, dollar out, TRAC, and step leases
  • Variable and usage-based rents
  • Tracking of renewals, buyouts, and returns
  • Integration with asset management systems
Get A Live Demo of LeaseAccelerator Software

See a Live Demo of Our AASB 16 and NZ IFRS 16 Software

Learn how LeaseAccelerator can help you scale your AASB 16 program with automation and governance.

PARTNERS ACCELERATE YOUR IMPLEMENTATION

Accelerate your implementation.

Our partners are certified and trained in how to implement our lease accounting software.

Data Collection

Support for AASB 16 and NZ IFRS 16:

  • Discovery of all leases
  • Identification of data sources
  • Abstraction from contracts
  • Cleansing of bad data
  • Upload into software

Software Configuration

Configure, test, and deploy software:

  • Master data configuration
  • Financial variable setup
  • ERP integration
  • Unit and system testing
  • Go live and deployment

Process Transformation

Redesign processes, policies, and controls:

  • Booking and contracting
  • Asset tracking
  • Invoice-to-pay
  • End-of-term management
  • Record-to-report

Want to Learn More About Lease Accounting and AASB 16?

Look Through Some of Our Expert Guides and Resources

Want to Learn More About IFRS 16? Please Look Through Some of Our FREE Educational Resources