Lease Manager

Managing leases & liabilities in accordance with IFRS 16

Watch the video and find out how it works

Application for: management of leases and calculation of liabilities, assets, interests and depreciation under IFRS 16. Allows for quick gathering and reporting of all critical accounting information required for complete compliance with the new standard.

Full IFRS 16 compliance - implementation is delivered by a joint team of accounting, auditing, and IT experts.

  • More than 35 companies in Poland, Europe and Asia are already using myLease Manager.
  • With up to 60,000 leases.
  • From various sectors: banking, retail, media.

Functionalities

compareComprehensive statements

Based on the entered data, the tool performs calculations and generates: a statement of the value of assets, liabilities, interests and amortization of the right to use.

fast_forwardFast modifications

In case of modifications of the lease contracts, the tool allows for their appropriate recording and required revaluation of the liability and the asset (taking into account the reduction of the lease scope or the early termination of the contract.

assignmentEasy contract recording

Either manually or imported from MS Excel (with an option to attach source documents as PDFs and other files).

accessibilityA user-friendly interface

Allows for data modification during the lifetime of a contract. It is possible to view the details of each individual contract, view the history of changes for each contract, and export the details of all contracts.

Benefits

Quick implementation

It takes only one month to implement Lease Manager.

Easy to use

User-friendly interface enables easy data entry and fast modifications.

Multilingual
  • Application is available in: Polish, Russian and English.
  • Additional languages may be added for an additional fee.
Saving time and resources

 Automatically calculates liabilities and values ​​of individual right of use asset, interest, and depreciation.

Multi-user

Simultaneous access by many users.

Lease Manager in 5 easy steps

01

Easy contract recording

Either manually or imported from MS Excel (with an option to attach source documents as PDFs and other files).

02

A user-friendly interface

Which enables modifications of input data during contracts’ lifetime. Modifications of contracts can be traced and reported.

03

System data validation

Including verification of the completeness and consistency of the entered values.

04

Automatic calculation

Liabilities and the value of individual asset usage rights and interest and depreciation in separate liability and asset registers (taking into account indexation, rollover of indefinite-lived contracts, or wholesale management of the dismantling provision).

05

Comprehensive reporting

Ready for use in financial statement notes or for internal use, as well as the possibility to generate SAF-T for direct import into the accounting system.

Pricing

Annual renewal license fee
25% of initial license feeAnnual fee (after year 1)
  • After year 1 an annual renewal license fee is required for as long as the client wants to use the tool
  • Annual renewal = 25% of initial license fee

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