Soft4Lessee
Simplify your IFRS 16 lease accounting compliance and reporting
Tired of endless Excel sheets tracking all your lease agreements, hours spent manually entering each lease into the G/L,
and the headache of recalculating everything when lease terms change? SOFT4Lessee, built on Microsoft Dynamics 365 Business Central, automates lease calculations, generates audit-ready reports, and ensures accounting compliance.
What can SOFT4Lessee do for you?
Keep your leases organized
Say goodbye to crashing Excel sheets - upload your lease agreements, asset information, and payment schedules in a few clicks and view all lease data in one modern system.
Generate audit-ready reports
SOFT4Lessee makes financial reporting painless with ready-made reports. Easily pull lease liability and RoU reports to ensure full visibility, accuracy, and stress-free audits.
Eliminate manual work
Doing calculations by hand is so yesterday. Automate to have more time for valuable insights. Need to make changes? No problem! When your lessor sends a revised payment schedule, just upload the data, and SOFT4Lessee will handle the modifications.
With Soft4Lessee, you'll be able to
Plan the transition to IFRS 16. Calculate the impact and choose one of the transition options.
Manage accounting for lease liability. Calculate lease liability and present lease liabilities on the balance sheet.
Perform various lease management calculations.
Prepare reports for IFRS 16 presentation and disclosures in just a few clicks.
Save hours on lease data import and safely transition from old software or spreadsheets.
Manage variable leases according to the accounting standards' requirements.
Use the multi-company and multi-currency functions.
Manage the challenges of dual reporting. Calculate and post to General Ledger expenses as per the previous
IAS 17 standard.