The lease accounting software in accordance with IFRS 16
Is your company heavily involved in leasing and facing the challenge of becoming IFRS 16 compliant? With LucaNet lease accounting software, this process could hardly be easier.
While the complexity of the new rules does make many things more difficult, our IFRS 16 leasing software is ready to handle just about everything in helping you implement all the necessary changes. Whether in restructuring or evaluating your lease contracts, implementing the constant monitoring IFRS 16 requires, or reconciling operating leases in line with this standard: LucaNet software takes the stress out of making your lease accounting IFRS 16 compliant.
What you need in a IFRS 16 software tool
Our reliable IFRS 16 lease accounting software is sure to be the right tool for you thanks to all the functions it offers, which include:
- transparent reconciliation of operating leases in line with IFRS 16
- calculation of lease contracts using the modified retrospective and full retrospective methods
- automated remeasurements of lease liability
- use of a standardized system, no add-on solutions required
- simple and intuitive user interface
- flexible ways to display contracts
An intelligent IFRS 16 leasing software:
How LucaNet can benefit you
Only LucaNet IFRS 16 software simplifies complexity
With the help of our software’s Excel template, you can enter a large number of lease contracts in LucaNet IFRS tool in a single import.
Trends in right-of-use assets and lease liabilities are displayed in separate tables for each contract over its entire term.
The reconciliation function enables you to automatically zero out lease expenses from the source system.
By making a breakdown of all the accounts generated by our lease accounting software by asset class, you can determine the disclosures required directly within LucaNet IFRS 16 tool.
Learn even more about our software for reliable IFRS 16 lease accounting software
Want to see our IFRS 16 tool in action? Are you also interested in finding out where and how LucaNet lease software can offer you even more support? We’d be pleased to offer you a live, personalized demo with no obligation – either at your offices or in an online presentation.Request a demo
The LucaNet IFRS 16 tool is fantastic and has been really well thought out. With the excellent support of the LucaNet consultants, I went through it in just one and a half hours. The solution is really awesome and easy to use. We should have bought it earlier!